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Exxon profits and gallon prices ?


Andrew Parker twitted today that Exxon made $86bn in profit last year (the correct figures are here).

Warning: the following makes no sense at all, has no impact and no real value. It’s just me wandering around …

Quick and dirty maths: so say Exxon made $400bn in revenues last year, $40bn in net income, and the average price of gallon was $3 in 2007.

Well if we take those numbers, 30 cents of each gallon you bought went into Exxon’s pockets … Nice ;-))


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