Wednesday, February 08, 2006
High Gas Prices
The major panic seems to be over.....Gasoline prices, which
may still seem high to some, have dropped from their
highest levels of last Fall and early Winter.....
Recently there has been a lot of media coverage of the
high yearly and last quarter profits of the Exxon/Mobil
Oil Company.....This in turn lead to a very vocal
outburst of consumer complaints regarding the "gouging"
of the public, even my many news talk show hosts.....
Something you may not hear about.....FACT: British
Petroleum (BP/Amoco to some) just reported a 31%
rise in its annual net profit......Some 18.64 million uros.......
If I remember correctly Dutch Shell did not to too bad
either.......
It appears that if someone wants to blame Washington,
they better start blaming London and The Hague in
the same breath.....Pumps
may still seem high to some, have dropped from their
highest levels of last Fall and early Winter.....
Recently there has been a lot of media coverage of the
high yearly and last quarter profits of the Exxon/Mobil
Oil Company.....This in turn lead to a very vocal
outburst of consumer complaints regarding the "gouging"
of the public, even my many news talk show hosts.....
Something you may not hear about.....FACT: British
Petroleum (BP/Amoco to some) just reported a 31%
rise in its annual net profit......Some 18.64 million uros.......
If I remember correctly Dutch Shell did not to too bad
either.......
It appears that if someone wants to blame Washington,
they better start blaming London and The Hague in
the same breath.....Pumps
# posted by Pumps @ 3:50 PM 
