Thursday, July 31, 2008

WTF Why is gas high? Why do we need to drill? Who really benifits from drilling?

Source: By JOHN PORRETTO, AP Business Writer , Exxon Mobil Corp. reported second-quarter earnings of $11.68 billion Thursday, the biggest quarterly profit ever by any U.S. corporation

Does anybody see an issue with this? We are claiming we need to drill in new areas for oil to sustain our need. The rest of the country is struggling yet the very energy conglomerate that are telling us there is shortages are raking in the largest profits.

Profits are whats left after you purchase product and have paid for all the overhead. WTF is up with this? Are we all blind, stupid or both?

Why hasn't the news been covering this?

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