<BLOCKQUOTE class="ip-ubbcode-quote"><div class="ip-ubbcode-quote-title">quote:</div><div class="ip-ubbcode-quote-content">Originally posted by sfox:
3: No matter HOW you slice it, 9.9 billion in PROFIT is disgusting considering what the country has been enduring over the past year. These companies have profiteered on the back of national disaters to an unprecedented extent and if the current administration doesn't take some action, we may end up with a Democrat controlled government sooner than later....
S </div></BLOCKQUOTE>
So. . .was it disgusting about 3, maybe 4 years ago when oil was $10 a barrel and you were buying gas for less than a buck a gallon? You were getting a great deal, but the oil companies weren't making much in profit? It's idiotic to take one quarter out of context, you have to look at profit over the long haul.
That said, the oil companies have long complained that they didn't have enough in profit to make certain activities profitable -- like building refineries. One would hope that they would use some of this profit for research and building infrastructure.
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