Quote:
Originally Posted by Bubba  But, not one that is very good with math! As a small shareholder, your share of the $11+ billion profit amounts to a few cents, while you shell out $50-100 to fill your tank. |
Actually the difference of a few cents in a gallon of gas isn't that big of a deal unless you drive a LONG ways to work. If you drive 15000 miles a year that is about 288 miles a week or so avg. If you get 20 mph in your car that is about 15 gallons of gas a week. NOW...if gas goes from say 3.00 to 3.25 a gallon you would spend a whopping 3.75 a WEEK more in gas...or $15.00 more a month.
NOW...if you had 10,000 invested in OIL STOCKS and it returned 15 percent on the year you would make 1,500 dollars while spending about 180 more a year at the pump....