Oil Tyrants have ticked off the wrong people...
| Published by Jefferson Davis on Wednesday, November 09, 2005 at 11:11 pm.Fantabulous Man, the Oil Companies have finally ticked off the Government. None of the lobbying and under-the-table payoffs is helping them now. They appeared before a Senate Hearing yesterday to explain record profits during the Hurricane crisis. Yes, I agree that it’s a free market, but when ConocoPhillips made $3.8 billion dollars in the last quarter, which is 89% percent higher than the year before, then eyebrows must be raised in suspicion. Do you know why gas prices are dropping here in the states? Well, I personally think they are afraid that they’ve been caught with their pants down. Also, Exxon Mobile had a record profit of $9.92 billion dollars, which was 75% off the same time last year. I hope something will be done about these tycoons, but I doubt it. Gas in my area is $2.18US, 1.25124 GBP, or 1.85409 EUR. Have a good night all…
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