Monday, August 22, 2005

"Out-of-Control" Gas Prices...





If you guys think that gas prices will go down in the future, well...

FORGET ABOUT IT!!

Now that the major oil companies KNOW that they can get this kind of money out of the people, these high prices will STAY THE WAY THEY ARE!

They say that the avergae price for a barrel of oil is around $65.00 and the oil companies are making around 50% PROFIT of oil now.

$65.00 a barrel?

http://rds.yahoo.com/S=53720272/K=price+of+barrel+of+oil/v=2/SID=e/l=NSR/R=2/SIG=1312g1371/EXP=1124852036/*-http://news.yahoo.com/news?tmpl=story&u=/ap/20050822/ap_on_bi_ge/oil_prices_4

50% Profit?!!

http://rds.yahoo.com/S=53720272/K=profit+of+oil+companies/v=2/SID=e/l=NSR/R=1/SIG=12b2kg37o/EXP=1124852448/*-http://newstandardnews.net/content/index.cfm/items/2261

That means if one of the major oil companies make say, 3 Billion Dollars ($3,000,000,000.00) in revenue, almost 1.5 Billion Dollars ($1,500,000,000.00) will got into their pockets.

AFTER TAXES.













And I thought that "The Iraq War" was supposed to LOWER oil and gas prices...

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