accounting magic!
At 09:46 AM 03/23/2000 -1000, scott s. wrote:
>
>On Wed, 22 Mar 2000 16:16:02 -0700, Joe Curry wrote:
>
>>
>>
>>It's the exchange rate between the Dutch Currency and the
>>U.S. Dollar!! ;)
>>
>
>Looking at the financials for Shell US, I see that all the effect is
>in their exploration and production. Refining and marketing of
>oil products seems to be pretty constant (year over year) and
>the company reports that refining margins haven't changed that
>much. So whatever is causing "Shell stations to be 20 cents
>higher" isn't showing up in the company's bottom line.
>
>scott s.
>Royal Dutch stock holder
>.
>
>
>
>
Tom Howard
'72 GT6 (and a good bit of USA iron)
Lakeside Union School District
|