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View Diary: Profits soar as oil companies victimized again by high gas prices (111 comments)

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  •  Only 30 percent, Shell? (0+ / 0-)

    How does that work, when all the gas pumps are selling for the same price?

    Oh, I get it...they're telling a little fib!

    Please contribute to Doctors Without Borders today.

    by jimbo92107 on Thu Apr 28, 2011 at 11:39:53 AM PDT

    •  Well, gee... (0+ / 0-)

      there are a lot of factors that go into Oilco profits besides the oil price - some companies screw up (e.g. BP), some are financially extremely conservative (e.g. Exxon), some are aggressively investing for future growth (e.g. Shell). Quarterly profits vary for gosh sakes.

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