[xelasnave]

In answer to Alan Evans (NRMA) attack on petrol companies we get a nice reply from Caltex that they only make 1.5 cents a litre...mmmm... who buys that?

Do they have to pay the executives out of that 1.5 cents one must wonder... or is it only 1.5 cents because of their accounting system minimising profit so as to make such claims.

I would like to hear how such figures are arrived at before we start to think that the poor petrol companies are basically providing us with fuel on a charitable basis.

If they make so little on each litre and the margin is so narrow one must also wonder why their share price is so strong after all that is a very dubious margin if a fact.

AND how do we fit the fact that each additional cent in the price of fuel equates to additional revenue of some $200,000,000-00 ( this is heresay and open for correction)..it is a pity I am so poor on math but at a glance it does not add up for me.

We can only conclude they are not in business to make money but there simply to help the motorists ... I wonder how much the Government actually makes..probably only a cent or two also if they use the same accounting systems as Caltex.

So will Caltex provide a basis for their horrible under paid possition or are we simply to take their word that they make only 1.5 cents a litre.

alex