St Georges Day April 23rd wrote:
The rising cost of fuel is pushing inflation up all the time - yet in
the face of a coming national emergency, it has been revealed that
Shell and BP have made record profits over the last six months of $8
billion and $6.75 billion respectively.

So stop snivelling and buy some shares.

Mel Rowing wrote:
On Aug 3, 8:11 pm, St Georges Day April 23rd
wrote:

In Shell’s case, this works out to a profit - not turnover mind - of
$1.8 million an hour - was up eight per cent on the same time last
year.

Have you worked out how this $1.8bn. translates to the percentage
return on the capital employed or alternatively on turnover.

Nah! of course you haven't. You don't know what I'm talking about.

$1.8m. per hour is of course a lot of money but is a nonetheless
meaningless figure unless one can get it into perspective.

Yeah, but if he did that he'd have nothing to rant about and make himself
look silly.

The rising cost of fuel is pushing inflation up all the time - yet in
the face of a coming national emergency, it has been revealed that
Shell and BP have made record profits over the last six months of $8
billion and $6.75 billion respectively.

In Shell’s case, this works out to a profit - not turnover mind - of
$1.8 million an hour - was up eight per cent on the same time last
year.

Shell has claimed that it uses its profits to invest in renewable
energy and clean technology. However, its financial statements show
that it spends $500m a year on alternative energy resources - about
five days’ profit.

A large source of these profits have been boosted by Shell’s Canadian
oil sands business which increased their earnings by 74% over the last
three months.

The high price of oil now makes this controversial form of oil
extraction financially viable for the big oil companies (not just
Shell), but it is more energy and carbon intensive than traditional
extraction.

Shell declined to say how much it had earned from British motorists at
its network of petrol service stations but it insisted it was “one of
the cheapest” suppliers.

A doubling of the oil price to $120 per barrel across the quarter
drove those profits while Shell admitted that its overall oil and gas
production fell slightly to 3.1m barrels of oil equivalent per day in
the second quarter 2008, from 3.1m in the same quarter last year.

http://www.bnp.org.uk/2008/08/worrie...-hour-from-it/

Oil companies make sod all on petrol by comparison to HM Government. Shell
pays a dividend - Government pays welfare benefits. I know who is the
villian of the piece

On Aug 3, 8:11*pm, St Georges Day April 23rd
wrote:

In Shell’s case, this works out to a profit - not turnover mind - of
$1.8 million an hour - was up eight per cent on the same time last
year.

Have you worked out how this $1.8bn. translates to the percentage
return on the capital employed or alternatively on turnover.

Nah! of course you haven't. You don't know what I'm talking about.

$1.8m. per hour is of course a lot of money but is a nonetheless
meaningless figure unless one can get it into perspective.

A Bad Man wrote:
Oil companies make sod all on petrol by comparison to HM Government.
Shell pays a dividend - Government pays welfare benefits. I know who is
the villian of the piece

Shell also pay ****loads of company tax that goes to pay for lazy
good-for-****-all scrounging scum.

Mel Rowing wrote:
On Aug 3, 8:11 pm, St Georges Day April 23rd
wrote:

In Shell’s case, this works out to a profit - not turnover mind - of
$1.8 million an hour - was up eight per cent on the same time last
year.

Have you worked out how this $1.8bn. translates to the percentage
return on the capital employed or alternatively on turnover.

Nah! of course you haven't. You don't know what I'm talking about.

$1.8m. per hour is of course a lot of money but is a nonetheless
meaningless figure unless one can get it into perspective.

It's just tabloid headlines. I wonder how much the Government makes in
the same hour or how much dole-scrounging leaches take from the economy
over the same period of time.

In article 1af6808a-50ca-4c09-808b-2266d4845f01
@x35g2000hsb.googlegroups.com, says...
production fell slightly to 3.1m barrels of oil equivalent per day in
the second quarter 2008, from 3.1m in the same quarter last year.


Wow, that fall makes as much difference as a big fat nothing. It fell
from 3.1m to 3.1m over a year.
--
Carl Robson
Get cashback on your purchases
Topcashback http://www.TopCashBack.co.uk/skraggy_uk/ref/index.htm
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On Sun, 3 Aug 2008 12:11:29 -0700 (PDT) in uk.politics.misc, St Georges Day
April 23rd in glistered weave wrote
large for all to see:

The rising cost of fuel is pushing inflation up all the time - yet in
the face of a coming national emergency, it has been revealed that
Shell and BP have made record profits over the last six months of $8
billion and $6.75 billion respectively.

In Shell’s case, this works out to a profit - not turnover mind - of
$1.8 million an hour - was up eight per cent on the same time last
year.

Why do these things never say how much they in taxes, corporate, federal
income, payroll, property, county, city, state, to hit the more obvious
ones? In this case how much would it be per hour? Would it be about 10
times what they make in profit? That's real outlay, mind you..........

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