April 30, 2005
Looks Like Somebody Forgot To Tune In
Here at home, we'll protect consumers. There will be no price gouging at gas pumps in America. -- G. Bush, from his Thursday night Press Conference
Pumped up by persistently high energy prices, the oil industry maintained its streak of massive -- and growing -- quarterly profits this week, aggravating motorists and amazing financial analysts.
"I have been following this industry for 18 years, and I have never seen anything like this," Oppenheimer analyst Fadel Gheit said yesterday. "It's like they're printing money."
Posted by Eddie Tews at April 30, 2005 12:52 PM
Comments