Pablo,
How do you think Mobil 1 was being sold at Walmart for < $4.00/qt, in five quart jugs not that long ago? They certainly weren't taking a loss on that and Walmart had to make a profit as well....
I think Bruces numbers are about right, but I'd also include transportation costs to the seller. I believe that British Petroleum makes PAO's in house, so their main basestock costs may be quite low.
How do you think Mobil 1 was being sold at Walmart for < $4.00/qt, in five quart jugs not that long ago? They certainly weren't taking a loss on that and Walmart had to make a profit as well....
I think Bruces numbers are about right, but I'd also include transportation costs to the seller. I believe that British Petroleum makes PAO's in house, so their main basestock costs may be quite low.