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Old 20th February 2008   #13 (permalink)
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Quote:
Originally Posted by nitrohosting View Post
They still make the profit but it's at an earlier stage. The part of BP which actually puts the oil in the barrels sells it on to other parts of BP at the market rates, not at cost, so the majority of the profit is made before it gets near the forecourts.
Bang on the money there (boom boom tsch)

BP won't sell it below market rates to their own operations, otherwise they'd be cross-subsidising. Internal market makes sense.
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