Oil corps making huge profits

[Anonymous]

Shell profits up 25 pct on record high oil prices

April 29th 2008

LONDON (AFP)

[Anonymous]

BP's first-quarter profit jumps 63 percent

LONDON, England (AP) -- BP has reported a 63 percent jump in profits in the first quarter compared to the same period a year ago.

The oil company on Tuesday reported a profit of $7.6 billion compared to $4.4 billion in the first quarter of 2007.

First-quarter profit was up 73 percent compared to the previous quarter.

BP's closely watched replacement cost profit rose 48 percent to $6.59 billion. This compared to US$4.44 billion in the first quarter of 2007.

[Anonymous]

But don't forget, the oil companies are not the ones to blame for the increase in oil/gas prices.  It's the market!  LOL