the rewards of greed
I know it may seem a surprise but oil companies are reaping huge windfall profits | Thanks to the sharp eyes and determined investigative teams at MSNBC [and John W Schoen in particular] we now know that
"By just about any measure, the past three years have produced one of the biggest cash gushers in the oil industry’s history. Since January of 2002, the price of crude has tripled, leaving oil producers awash in profits. During that period, the top 10 major public oil companies have sold some $1.5 trillion worth of crude, pocketing profits of more than $125 billion."
No, really! I'm astounded about this | Who would have thought it? |