Last night my saintly husband was surfing the net and he came across an article stating that the three major oil companies, Chevron, ConocoPhillips and Exxon Mobil Corp. had recently revealed their 1st quarter earnings for 2006. Combined, these three conglomerates have earned $15.7 billion, not bad considering the "shortage" we are facing. Isn't that the excuse they are using for the skyrocketing prices? Supposedly, they are using these earnings to invest in projects that will increase supplies and lower prices. Riiiight..... and somewhere in Iraq are those weapons of mass destruction!! There is definitely something wrong with this picture, what do you think??
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