salsa-king

discusting!!!


we're all tightening our belts with higher interest rates, cost of living going up, petrol cost over a £1 a litre.

Then I can't sell our flat as 1st time buyers are holding off getting a mortgage.

But Shell tell us its their best year yet!

£13.8billion!!

£430 per second profit!!!!


Phil

Ringpeas

But they don't make much from petrol sales, apparently.

Prasius

iTrader: (1)

Yes, we should be very grateful, because they are merely carrying out a public service by selling us petrol for no profit at great inconvenience to themselves. I wish more businesses did things that made them no money just to give them a warm and fuzzy feeling.

NotoriousREV

Good luck to 'em. I don't see how being good at their business or selling a commodity in demand is in any way discusting (sic). If you don't like it, don't buy it.

And why is it Shell's fault that interest rates are "high" (they're not, they're still pretty low, you've just been spoiled) and that you can't sell your flat (which if it isn't selling suggests it's not as valuable a commodity as petrol) unless you borrowed the money from Shell and it's across the road from one of their refineries?

DaveMiddleton

Please bear in mind that 2/3 of the cost of fuel is pure tax by our government and is NOT in any way Shell's fault!!!!!

BOB.T

Fair play to 'em

They don't just make petrol btw, petrol is just a teeny tiny part of what they do and as said, most of what you pay at the pump is tax.

fivealive

Well done SHELL ... excellent news - what do we want? Bad Companies not making profits?

The money is made in the Exploration and Refining of Oil - so all the reports say ......

Like someone above said, if you object to them then don't buy their stuff. If it's the price of petrol you object to, don't buy that either and catch the bus

SiPie

So what

RBS profits beat forecasts | Money | guardian.co.uk

The Royal Bank of Scotland made around £9.6 billion last year and nobody seemed to throw their toys out the pram .....

As a previous poster said, fair play to any profitable company that trades legitimately

Abdabz

Well done Shell... Whilst they seem to keep their petrol prices competitive, their money management inginuity seems to have quite literally paid dividends :
I wish I was on the board there!

what would scooby do

Another well done from me!

If you don't like living in a capitalistic democracy go live in China

David Lock

Boycott Shell/Free Nigeria: The main issues

WRX_Dazza

the press and tv coverage of this today is ridiculous.

how much money have shell forked out in research, initial investment, exploration etc....
also we talk about profits, has anyone mentioned turnover and looked at percentages??

good luck to them.

its the ****ing government that are screwing us!!

ps:they do sell good fuel!!

The Zohan

I may write to them thanking them and pay a few extra pennies for each and very litre in future.

Dog bless Shell!

ChrisB

The Gummint must love the lack of understanding about petrol prices at times.

lozgti

So,when do the world's oil reserves run out?

Remember being told at school (70's) they reckoned we only had about 30 years left.

Obviously shell keep finding some

davegtt

The petrol stations dont actually.

Good on them, thats what theyre in the business for and theyre doing a bloody good job of it too

Shark Man

Run your car on 95ron (or map so it will) and stop buying sodding Vpower

Prasius

iTrader: (1)

Actually, I think thats very noble, as they should really be rewarded for carrying out such a valuable public service.

For the record, I don't have a massive issue with Shell making big profits; it just always makes me laugh when Oil Companies (and the other major culprit of this offence, Insurance companies), tell us all that they don't make any money on petrol (or car insurance), yet continue to be happy doing so out of the tender warmth of their wonderful hearts.

Good business sense is to stop doing something that doesn't make you any money right? So either they're stupid (which seeing their profits, doesn't seem very likely), or they're fibbing a little.

SirFozzalot

That's why Shell sold off so many of their forecourts (texaco bought most of them) because the profit margin was so minimal with forecourt sales.

Gasoline and diesel aren't the only things that come out of crude oil!

Here's an example: Crude Oil Refinery Output and Products

What are the uses of crude oil?

SirFozzalot

Is the world running out of oil?

Wurzel

iTrader: (1)

A piffeling 13.8 billion by shell and 9.6 billion by RBS is that all????

HP made 104 billion last year so maybe people should stop bying HP products aswell, but I woulkd rather you didn't as it has a detremental effect on my bonus

Pumpkin

regarding HP - are you confusing turnover or sales with profit? HP's published accounts don't mention $ 108 billion in profit!

FlightMan

That's a lot of brown sauce!

Abdabz

The company I work for is trying to make a profit as it the one that my brother works for...
Are people going to boycott all profit making companies?

speedking

The petrol is a bit of a loss leader to get you into the shop to buy your weekly groceries.

Well done Shell.

kingofturds

iTrader: (1)

What the news failed to mention is the tax paid to the taxman off that £14 billion.

kingofturds

iTrader: (1)

Maybe shell should run the Country, previous governments for the last god knows how long have failed to run anything successfully.

Ringpeas

I am well aware that petrol is only one of the many products derived form the processing of crude oil, and one of the least profitable.

In fact it could be seen as a waste product, so they should pay us to take it off their hands

salsa-king

its good to start a great debate... its a mass debate now







Its great a company can make profits, would be nice if they invested it into more petrol stations around Nottm though

J4CKO

iTrader: (1)

No, its about money and numbers so its Maths-Debating.