"An era can be said to end when its basic illusions are exhausted." - Arthur Miller

Thursday, October 27, 2005

Record Profits in Oil

"Net income up 75% to $9.92 billion."

Yep that is a b for billion and 75% increase in profit. This is despite supposed oil shortages, natural disasters and other things that was supposed to damage the oil industry requiring billion dollar tax breaks from Congress and record breaking oil costs. Can anyone else say "bullshit"? You would think after 9/11 and insurance premiums increasing sharply leading to record breaking profits for insurance companies would be enough but I guess not. If this isn't evidence of Bush and republicans being in the pocket of oil I don't know what is. This country is hurting in many ways, the citizens are hurting, many facing an inability to pay for heating costs and trying to cut expenses just to afford to go to work. I am sick of the citizens of this country not seeing it. 10 billion in PROFIT. Thats not earnings, that is PROFIT!! Money made after expensives. How can they claim to be hurting when making that kind of money. Why are we shouldering costs that clearing don't exist? Why are we giving them tax cuts they don't need? Why do we allow this to continue?

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