Do Gasoline Companies Buy their Crude Oil?

Please explain to me how the gasoline companies like BP, Shell, and Exxon Mobile work. Do they buy their crude oil from foreign entities and refine and sell to the American public?

One Response to “Do Gasoline Companies Buy their Crude Oil?”

  1. ali Says:

    Hm that is a really good question..i definitely wanna know the anwser to that one…

    Im think that they buy crude oil, and then they refine it. Since im pretty sure, none of those huge oil companies are Saudi or Arab companies.