[eadmund]

> An oil major probably makes $20MM in profit every few minutes or at most in an hour.

ExxonMobil made $23 billion in profit in 2021; that works out to just over three days and three hours to get to $20 million.

Shell made $20.6 billion in profit in 2021; it would take them even longer.

The other majors made even less.

A project which wastes over three days of profits is hugely expensive.

[lossolo]

23 billion / 365 = ~63 mil so it's 1/3 of a day, basically 8 hours of profit, not 3 days.

[eadmund]

You’re completely right, and I apparently cannot use units(1) to save my life. I have no idea how I screwed that one up so badly. I was more wrong than the original poster.