Being Loud! My impressions expressed.

October 30, 2008

Big Profits for Oil Companies

How does it go again? The American Middle Class straps their belts to buy the necessities in life, while the big moguls rake in the profits. Oh yeah, that’s exactly how it goes! Here’s an example: Exxon Mobile made record profits this quarter. As a matter of fact they broke their own profit records! Well, how do they accomplish that? Easy by sticking it to us at the pumps, that’s how.

Americans have always been gas guzzlers, due mostly in part to having the ease of owning a car, usually at least 2 per household. So we have become gas hungry and the oil companies know this and they use it to their advantage to make profits. RECORD PROFITS!

Now that people are being more spend thrift and finding ways to save, especially by not going out as much, gas is getting cheaper. Why? All because of low demand.

That’s right everyone! Gas is the same as every other product; it fluctuates based on supply and demand. There have been people saying this for years, but no one was listening because we were all just into our own consumerism.

These big companies are sticking it to us and our government allows them to. Yes, it’s true! You don’t think that the Bush/Cheney clan hasn’t made record profits in their portfolio due to oil prices? Of course, they have! For that reason, there was nothing done when the prices on gas and crude oil started to sky rocket, because they saw it as a fattening of their wallets! So let’s tip our hats to our government for sticking it to us whenever times are rough. Bravo!

Take a look at the article on Exxon Mobile here.

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