SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Don't Blame Me, I Voted For Kerry -- Ignore unavailable to you. Want to Upgrade?


To: American Spirit who wrote (78964)8/16/2006 9:01:56 PM
From: TimFRead Replies (1) | Respond to of 81568
 
The cost of making gasoline hasn't gone up for Exxon.

They have to buy over half (more like two thirds) of the oil they use at the world market prices. That price has gone up greatly in nominal terms, and fairly quickly even in real terms. So there cost has indeed greatly gone up.