Wall Street Is Finally Going to Make Money Off the Permian

Re:Wall Street Is Finally Going to Make Money Off the Permian by refurb on Friday April 28, 2023 @12:17AM (#35737429)

Sure, but splitting up BP into different companies that do each part of the process doesn't increase the margins. What it does is segment out capital costs, risk and debt, so that the financial statements look better than they otherwise would.

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Re:Wall Street Is Finally Going to Make Money Off the Permian by selimthegrim on Friday April 28, 2023 @12:44AM (#35737548)

What if VAT or some sort of carbon-based border adjustment tax ever got imposed

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Re:Wall Street Is Finally Going to Make Money Off the Permian by Loic on Friday April 28, 2023 @01:34AM (#35737794)

It would be applied to the end-user, so it would change nothing up to you paying the extra at the end of the line.

VAT is not a sales tax but a tax for the full chain of added value.

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Re:Wall Street Is Finally Going to Make Money Off the Permian by stuaxo on Friday April 28, 2023 @05:32AM (#35739220)

Laundering responsibility.

BP as a whole should be responsible for the cleanup cost, around wells and of the air.

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