Gas Co.s Make HUGE Profits, and You Get Screwed.

Writing by on Thursday, 28 of April , 2005 at 1:42 pm

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I am not sure if you are even able to buy gas anymore, I know it has taken a huge toll on my budget. I am one of the lucky few that drive 50 miles one way to work, everyday.

Clothing, Chickens, Bacon, Tacos, Wood, Paper, Salad Dressing, Shoe laces, you name it, it is getting more costly.

So as gas prices sore, and everything under the sun increases in price gas companies are making money hand over fist. Exxon Mobil Corp yesterday profit increased 44% higher than they were last year.

So the question is really, how much of the gas prices we are paying is really just profit, not the price of a barrel of oil.

Technorati Tags: Economic News, Failed Presidency, Taxes

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Category: Failed Presidency, Taxes, Economic News

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