2)they make more than that because they're vertically integrated
i.e.
http://www.petroleum.co.uk/exxon-mobil
> ExxonMobil has oil reserves equivalent to 72 billion barrels. It also owns 37 refineries in 21 countries, making it the largest refiner of crude in the world with a capacity of 6.3 million barrels per day.
i.e.
http://www.petroleum.co.uk/exxon-mobil
> ExxonMobil has oil reserves equivalent to 72 billion barrels. It also owns 37 refineries in 21 countries, making it the largest refiner of crude in the world with a capacity of 6.3 million barrels per day.