49. 4 cents a gallon adds up when everyone's buying, obviously
But that's not the point. What do you suppose the Exxon source includes and excludes in the calculation? Is it gross revenue, or net economic profit after all the bills are paid? How much do you suppose they wrote off in asset depreciation? Do you suppose he's comparing apples to apples? And did you catch the part about how their profits are boosted up by their "outstanding portfolio of integrated businesses"? They're probably buying most of their crude from some of those same integrated businesses in their portfolio -- which amounts to an internal transfer.
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