Not true.

Now it does depend on your body weight and it does depend on your speed.

For me, at 130 lbs travelling about 15 mph, I burn approx. 500 calories/hour.

Therefore:
In 4 minutes I cover 1 mile.
In 4 minutes I burn 33.333 calories.

It always strikes me just a bit funny when people vastly overestimate how many calories they are burning. I've watched people put in about 15 minutes of light exercise and then tell me that they must have burned at least 5 or 600 calories. Um . . . no . . . sorry . . . we've got to actually put in some effort to burn calories.