Great Lakes Bass Fishing Forum
General Topics, Questions & Support => Free-for-all => Topic started by: djkimmel on April 30, 2011, 01:43:28 PM
Your Pain, Their Gain: How High Gas Prices Impoverish The Many While Enriching The Few (http://www.huffingtonpost.com/2011/04/29/gas-prices-your-pain-their-gain_n_855673.html)
by Dan Froomkin
The next time you're gritting your teeth as you fill your tank with $4 gas, here's something to consider: Your pain is their gain.
The last of the Big Five oil companies announced first-quarter earnings Friday, so the totals are in. Between the five of them, ExxonMobil, BP, Shell, Chevron, and ConocoPhillips made $34 billion in profits in the first three months of 2011 -- up 42 percent from a year ago.
Read story on Huffington Post (http://www.huffingtonpost.com/2011/04/29/gas-prices-your-pain-their-gain_n_855673.html)
Even though prices seem to presently becoming down, gas is still high. If it hits 5 or 6 dollars a gallon, I'll be selling the boat to put gas in the truck so I can still get to work. I'll probably have trouble selling the boat because of the gas prices. I will probably have to sell it to a single guy with no kids and no responsibilities who has a good job and maybe still lives at home with his folks. Anyone who knows anyone that fits that description, send them my way when gas prices get over 5 dollars a gallon.
BD ;D
$3.49 today in Defiance Oh. (My last day in Defiance Wohoo!)
Still about a dollar higher than last year I heard. It was supposed to start going down around Memorial weekend and move lower all summer. Apparently someone in the industry needed a new house or something and delayed that! ;D
i figured it was a bigger boat so they would use more gas to help keep the prices up. ;D ;D