Remember after Katrina, and during all of the other "emergencies" when the price of oil (and gas) went up and the Oil companies swore they weren't making that much of a profit or even losing money?
Well.
Chevron's 4Q profits up 20%
Profits up 20%. TWENTY percent.
Highest in 126 years.
Does anyone think they're trying to squeeze as much as they can out of the public now that oil has peaked and they're living on borrowed time?
Hybrids and alternative fuels are nipping at their heels. Time to wring as much profit as they can out of the golden goose before it lays an egg.
Let the price of gas to up and keep going.
I bought my Prius. I'll remain smug that I did. And I'll say "I told you so" whenever oportunity warrants.
BTW remember when I said gas would reach $3 a gallon last year? And it did?
$3.50 this year.
Poor, poor Oil Companies.
Discussion in 'Prius, Hybrid, EV and Alt-Fuel News' started by Godiva, Jan 29, 2006.
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Discussion in 'Prius, Hybrid, EV and Alt-Fuel News' started by Godiva, Jan 29, 2006.
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