4/28/2006

04-28-06 - 1

04-28-06

Exxon's quarterly profit was $10 billion. So for the year that's $40 billion. Estimate for all the oil companies, somewhere in the $100-$200 billion range. Let's divide by the number of heavy drivers in the world, maybe 1 billion? Maybe a bit less. That's about $200 profit per person. (I also haven't really counted all the other profit-takers along the way). How many gallons of gas does each person use per year? I guess around 1000. So that's about $0.20 (20 cents) per gallon of profit.

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