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To: greasepaint; thackney

“WTF are you talking about?

the refinery markup is at least 75 cents?”

According to EIA, TOTAL refining COSTS & PROFITS amount to less than 20% a gallon.

Now if you are smarter than the EIA and know something they don’t;
please share your wisdom with us all.


45 posted on 05/24/2007 6:48:50 AM PDT by kellynla (Freedom of speech makes it easier to spot the idiots! Semper Fi!)
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To: kellynla

the last time i looked, commodity-wholesale gasoline
was $2.30, 96.60 a barrel.

WTI was 65 a barrel.

do the effin math.


48 posted on 05/24/2007 6:53:49 AM PDT by greasepaint
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To: kellynla
According to EIA, TOTAL refining COSTS & PROFITS amount to less than 20% a gallon.

Now if you are smarter than the EIA and know something they don’t;
please share your wisdom with us all.

Not at all. EIA has the wisdom we need.

You are including COSTS in your number. My response was only concerning PROFITS.

54 posted on 05/24/2007 7:02:38 AM PDT by thackney (life is fragile, handle with prayer)
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