Tuesday, January 31, 2006

Oil Robber Barons - Don't Back Burner The Story

There's a whole lot going on in the world today - Mrs. King's death, shooting in California, Bush and his State of Denial tonight, oscar nominations, and on and on.

So in the midst of all of that, people might be forgiven for not seeing that Exxon posted the highest profit in U.S. history: $10.71 billion for the fourth quarter of 2005 and $36.13 billion for the entire year.

The other oil companies are not far behind. Where did all that money come from? Remember all that administration & oil company nonsense about them suffering as much as the rest of us because of Katrina/Rita and the Iraqi war? How they only passed on increases us to us because their costs had gone up?

Bull!


Chevron's 4th quarter profit was up 20% from year before. Conoco Phillips 51% and Marathon Oil Corp's 4th quarter profit nearly trippled the size of the previous year's.

These people are the scum of the earth, and their best friends are in the highest offices in our government. I'll tell you want you can say at your state of the union tonight Mr. President, you can admit once and for all to all of us that your administration doesn't care about anything or anyone except your oil buddies.

2 Comments:

Anonymous buckarooskidoo said...

well, hey, i hear he's going to make a magisterial statement tonight along the lines of, "We-re-too--dependent--on--for--in--oil." give the guy a break. it's only taken him five years to figure this out!

See "dumbest members of congress" comment below. dumb gets around.

8:13 PM  
Blogger AKH said...

Kanye West really said it best, but it's not just black people that "the shrub" doesn't care about, it's all of us who aren't on K street.

I thought I heard a while ago that Senator Clinton wanted to or did launch an investigation into the profits that the oil companies were making in spite of our unbelievably high oil prices. Do you know whatever came of that?

11:17 PM  

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