Saturday, May 3, 2008

Chevron's Cha-Ching!

Please think of this the next time you are gassing up, Americans!

They literally got a pump (meter running) up your ass!!!

"Chevron said first-quarter profit rose 9.5 percent, beating Wall Street estimates. Net income climbed to $5.17 billion, or $2.48 a share, from $4.72 billion, or $2.18, a year earlier, the company said. Petroleum output dropped 1.7 percent, however, to the equivalent of 2.6 million barrels of crude a day. Chevron’s chief executive, David J. O’Reilly, plans to spend more than $400 million a week this year in the company’s costliest push ever to find new reserves, tap discoveries and expand refineries."

Also see
: Poor Exxon/Mobil

Exxon's Gusher

Record Oil Profits For Shell, BP