madmom
(1000+ posts)
Send PM |
Profile |
Ignore
|
Thu Jan-26-06 08:17 PM
Original message |
Don't know if this was posted even if it was, deserves another go |
|
round: ConocoPhillips reported 2005 profits jumped to a record $13.5 billion up from $8.1 billion. Exxon Mobil corp and Chevron also posted record profits for 4th quarter, 51% higher than a year ago.
|
napi21
(1000+ posts)
Send PM |
Profile |
Ignore
|
Thu Jan-26-06 08:26 PM
Response to Original message |
1. Yea, and those POOR companies are having to deal with |
|
the highest oil prices in history!!!!!!! BS BS BS BS BS!
I've said it before and I'll say it again...THE OIL COMPANIES ARE RESETTING THE PUBLIC'S MIND!"
Back in the 70's when gas was selling for .35/gal, suddenly there was a shortage, long lines at the pumps, only certain days you could buy gas, and the price JUMPED up to .85/gal. After several months, magically, the shortage was no longer a problem, but guess what? GAS WAS .65/GAL, AND EVERYONE WAS HAPPY!
They're doing it AGAIN! Be honest here. Haven't you heard some people say "Hay, gas is ONLY $2.18 down at XXXX!"
The mindset change has taken place folks, and we all fell for it!!!!!!!!
|
acmejack
(1000+ posts)
Send PM |
Profile |
Ignore
|
Thu Jan-26-06 08:34 PM
Response to Reply #1 |
|
It worked in the early seventies, too. When there is a confluence of a bunch of events competing for the public's limited attention they pull it off. In fact, the conditions are remarkably similar, if one considers it. The only difference is we really weren't actively threatening anyone that much like we are Iran unless it would have been China ( I am juxtaposing Vietnam & Iraq}.
|
DU
AdBot (1000+ posts) |
Fri Apr 19th 2024, 04:43 PM
Response to Original message |