BIG OIL
Exxon Mobil Corp made $8.4 billion in one quarter! BP, Royal Dutch Shell, Chevron, Total, ConocoPhillips and ExxonMobil together are predicting earnings of $135 billion this year – roughly the same as the GDP of the Czech Republic or Israel.
These companies have huge political clout in their home countries. They generally don’t care about the environment and still charge ungodly prices at the gas pumps. And, still they are not happy.
They are worried they won’t be able to supply the demands of China and India.
They are worried they will run out of oil.
They are worried that when all is said and done they won’t have anything to spend those $135 billion/year profits on when the time comes.
How about investing in alternative fuels, alternative sources of energy?
Yo! Guys! How about giving some of that money back or turning it over to people who can think outside the oil field?
All that money and they don’t know what to do with it. What a big worry.
Send me an email and I will tell you how to spend it.
How do you think it should be spent?
I think that all those companies should spend their money researching alternative fuels. After doing this they could launch a whole new line of fuels to the public and still make lots of profit. I think that all those companies are also a bunch of greedy bastards (excuse my language, but I hate paying an arm and a leg for gas).
With all that money they should invest in an alternative oil. it may be a good investment. what if they run out of oil? they should share that money with us. they are getting really greedy with the gas prices.
The “Czech Republic of Israel? Did I miss something?
You need to get out more often, Dan. The Iranian Prez wanted to do away with Israel and he had friends inside the Czech Republic…pulled some strings and voila! Where have you been.
And to think, I tell my students that spell checkers can catch the big things but not the small.
Thanks for pointing out my mistake.
Should be ‘or’ not ‘of’.
Dang it! I hate when I do that.
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