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Old 3rd August 2022, 11:42   #18
MSS
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Quote:
Originally Posted by another_clean_sheet View Post
Fuel sales is not where they make the bulk of their money - it is oil exploration. For BP when they price of oil is approx $40 a barrel that is their break even point. At the moment it is well over $100 a barrel so as the cost of exploration is fixed then it becomes all profit unless it is reinvested.

This also means that regardless of the retailer we use for our fuel purchase, it is Shell, BP ... that will make the majority of the profit from the current price of oil through the process of extraction and refining.

I can see from your post #6 and the one above that you are one of a very small percentage of the public who understand service component based pricing and regulated 'equivalence of opportunity'.
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