A Big Reason We Need Change in This Country: Bleeding the Consumer, The Hard Working American!
A New Record High of GREED from Wall Street Speculators and Plutocrats as They Execute without mercy YOUR HARD EARNED DOLLAR!!
Bush-McCain Policies Have sunk the American Dream
Exxon and Friends Bleeding your Wallet to Death While They Steal Record Profits!
Oil majors make big profits, but not at the pumps!
Exxon Mobil Corp. reported second-quarter earnings of $11.68 billion Thursday, the biggest profit from operations ever by any U.S. corporation, but the results were well short of Wall Street expectations and its shares fell. Even this blood sucking is not enough for Wall Street: They Want YOUR SOUL NOW!
LONDON (Reuters) – Furious motorists faced with high pump prices have accused oil majors of profiteering, but as the firms announced bumper profits this week, they said they were making little on gasoline sales.
BP (BP.L: Quote, Profile, Research, Stock Buzz) and Shell (RDSa.L: Quote, Profile, Research, Stock Buzz) argued the gains from record oil and gas prices should not be used to protect consumers in a highly competitive market and instead helped to compensate for the difficulty of making money from refining and sales.
“Good operating performance, combined with increased oil and gas prices, offset the impact of weaker downstream conditions,” said Shell’s CEO Jeroen van de Veer, after announcing a 5 percent rise in second-quarter profits on Thursday.
Read Full Story at Reuters.
“Perhaps the only thing more outrageous than Exxon Mobil making record profits while Americans are paying record prices at the pump is the fact that Senator McCain has proposed giving them an additional $1.2 billion tax break. While Senator McCain’s plan has succeeded in helping his campaign raise over $1 million from oil and gas company executives and employees just last month, it won’t lower gas prices or end our dangerous dependence on foreign oil. Instead of an energy policy that reads like an oil-company wish list, it’s time to create a new American energy economy by investing in alternative energy, creating millions of new jobs, increasing fuel efficiency standards, and ending the tyranny of oil once and for all,” said Senator Barack Obama.”
Barack Obama
