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BP profits more than double as Iran war sends oil prices higher

bbc.com

1–8 of 8 posts

Re: BP profits more than double as Iran war sends oil prices higher

#5
post #4
post #3

Good for California's budget as well.

Is this due to CA's high gas tax? That is a fixed value per gallon, so higher gas prices will not affect this right?

And all the oil companies - CRC and Chevron are huge.

Re: BP profits more than double as Iran war sends oil prices higher

#7
post #4
post #3

Good for California's budget as well.

Is this due to CA's high gas tax? That is a fixed value per gallon, so higher gas prices will not affect this right?

$0.60 + 2.25%.

The excise tax is a fixed .60+ per gallon, going up July 1. The sales tax is 2.25%, and local sales tax some additional percentage.

Re: BP profits more than double as Iran war sends oil prices higher

#8
post #6

nominative determinism but for companies? https://en.wikipedia.org/wiki/Anglo-Persian_Oil_Company

I don't think it's nominative determinism when the entity's name is determined by an attribute of the entity.

that's not what I meant, I meant how their actions and involvement keeps drawing them back to the origin of their name, thus their name having a deterministic effect on their fate.