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To: Gondring; tomkat
Oil profits have tripled since 2002.

Exxon Mobil profits rose 32 percent in the second four months of 2005. That amounts to $7.6 billion for a company that is debt-free with $25 billion on hand.

British Petroleum profits are up 38 percent, $6.7 billion.

For Conoco Phillips, the numbers are 56 percent and $3 billion.

I don't think the oil companies or their downstream refiners are suffering.

174 posted on 08/31/2005 12:48:23 PM PDT by My2Cents
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To: My2Cents; All

God forbid companies make a profit..


177 posted on 08/31/2005 12:49:15 PM PDT by KevinDavis (the space/future belongs to the eagles --> http://www.cafepress.com/kevinspace1)
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To: My2Cents

The policies that were supposed to hold the oil companies to account and made it possible for them to make those profits.


187 posted on 08/31/2005 12:56:53 PM PDT by RobbyS ( CHIRHO)
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