The Krile Files

More Profit Reports

April 30, 2008 · Leave a Comment

I don’t know whether to pound my fists on the table or cry.

Paying at the Pump

I just get the feeling that people aren’t going to be too pleased to learn about this: Two oil giants, BP and Royal Dutch Shell, announced record profits yesterday totaling $17 billion in the first three months of the year. Exxon Mobil is expected to smash its own previous records for quarterly corporate profits tomorrow. Average gasoline prices, meanwhile, have surged to a new high of $3.60 per gallon. If you thought the war in Iraq would provide us with cheap gas, you were wrong. If you thought the war [...]

Categories: Economy

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