14
Aug
2005

As gas prices rise, so do Big Oil’s profits in recent months

As gas prices rise, so do Big Oil’s profits In recent months, oil company profits have soared again as international crude oil prices hit new highs. Yet public reaction has been more muted. And that has probably emboldened Congress – which, instead of investigating oil companies, just handed them (by various estimates) $1.4 billion to $4 billion in tax breaks in the new energy bill.

http://www.fortwayne.com/mld/journalgazette/news/editorial/12358264.htm


From apfn-1 Digest Number 3220
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