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underpants Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jan-30-06 03:00 PM
Original message
*FILE PHOTO*


Exxon Mobil, the world's largest publicly traded oil company, on Monday reported a surge in quarterly profit, capping a record year dominated by soaring oil and gas prices. (Ira Schwarz/Reuters)

Exxon Mobil Sees Record Profit for U.S. Co.
http://news.yahoo.com/s/ap/20060130/ap_on_bi_ge/earns_exxon_mobil_7
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CatWoman Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jan-30-06 03:01 PM
Response to Original message
1. why do you want to depress me like this?
:hi:
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underpants Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jan-30-06 03:04 PM
Response to Reply #1
5. $1.01
as noted below this must be from the mid 90's or something. Was it really that low?

Yeah I think I remember that.

:wow:
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CatWoman Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jan-30-06 03:06 PM
Response to Reply #5
7. My truck is a 1998 Mazda
bought in 1998, it then cost $10 to fill the tank.

Now it costs $30.
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RandiFan1290 Donating Member (721 posts) Send PM | Profile | Ignore Mon Jan-30-06 03:16 PM
Response to Reply #7
14. Me too!!
98 Mazda pickup. :hi: I also remember Clinton being raked over the coals when gas was getting up to $1.70. Ahh the good ol days eh?
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CatWoman Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jan-30-06 03:20 PM
Response to Reply #14
15. And I also remember Cheney and Bush on the campaign trail
talking shit about him.

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RandiFan1290 Donating Member (721 posts) Send PM | Profile | Ignore Mon Jan-30-06 03:24 PM
Response to Reply #15
16. Yep. Bushie was gonna "jawbone" the Saudis.
:crazy:
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Rambis Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jan-30-06 03:39 PM
Response to Reply #16
19. Here it is...
Mr. Bush was critical of Al Gore in the 2000 campaign for being part of “the administration that's been in charge” while the “price of gasoline has gone steadily upward.” In December 1999, in the first Republican primary debate, Mr. Bush said President Clinton “must jawbone OPEC members to lower prices.”

As gas topped a record level of $50 a barrel this week, Mr. Bush has shown no propensity to personally pressure, or “jawbone,” Mideast oil producers to increase output.

A spokesman for the president reportedly said in March that Mr. Bush will not personally lobby oil cartel leaders to change their minds.
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RandiFan1290 Donating Member (721 posts) Send PM | Profile | Ignore Mon Jan-30-06 03:49 PM
Response to Reply #19
20. Thanks Rambis. Here's another
http://www.nytimes.com/library/politics/camp/062800wh-bush.html

June 28, 2000

Bush Would Use Power of Persuasion to Raise Oil Supply
By KATHARINE Q. SEELY


WAYNE, Mich., June 27 -- Gov. George W. Bush of Texas said today that if he was president, he would bring down gasoline prices through sheer force of personality, by creating enough political good will with oil-producing nations that they would increase their supply of crude.

"I would work with our friends in OPEC to convince them to open up the spigot, to increase the supply," Mr. Bush, the presumptive Republican candidate for president, told reporters here today. "Use the capital that my administration will earn, with the Kuwaitis or the Saudis, and convince them to open up the spigot."

Implicit in his comments was a criticism of the Clinton administration as failing to take advantage of the good will that the United States built with Kuwait and Saudi Arabia during the Persian Gulf war in 1991. Also implicit was that as the son of the president who built the coalition that drove the Iraqis out of Kuwait, Mr. Bush would be able to establish ties on a personal level that would persuade oil-producing nations that they owed the United States something in return.

"Ours is a nation that helped Kuwait and the Saudis, and you'd think we'd have the capital necessary to convince them to increase the crude supplies," he said.
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Blue_In_AK Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jan-30-06 03:02 PM
Response to Original message
2. And yet they are STILL appealing the damages award
to the Prince William Sound fishermen from the EXXON VALDEZ oil spill 17 years ago. Bastards...
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Dhampir Kampf Donating Member (183 posts) Send PM | Profile | Ignore Mon Jan-30-06 03:02 PM
Response to Original message
3. That was what, 1995ish?
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underpants Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jan-30-06 03:07 PM
Response to Reply #3
9. See post#7
:yoiks:
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Vickers Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jan-30-06 03:12 PM
Response to Reply #3
12. Average price of gas January 2002 was $1.11 per gallon
Hard to believe, ain't it?
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chat_noir Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jan-30-06 03:28 PM
Response to Reply #12
17. yes, $1.11 January 2002 per CNN
http://money.cnn.com/2002/01/29/economy/v_gas_prices/


What happened to this May 2002 investigation?

U-Turn On Gas Prices Probe

After abandoning two gas price investigations last year by saying there was no conspiracy, the Federal Trade Commission now says it will monitor thousands of gas stations in 360 cities nationwide, to learn the cause of price spikes, reports CBS News Correspondent Wyatt Andrews.

Just last week, the Senate released findings that the oil industry has pushed up gas prices, not by fixing prices, but by restricting the amount of oil the industry makes into gasoline. Consumer advocates say that because of oil company mergers the five top oil conglomerates have kept prices high by keeping refining low.

"You can intentionally withhold a critical commodity like gasoline from the marketplace in order to drive prices up and it is not illegal," said Tyson Slocum of the consumer group Public Citizen.


http://www.cbsnews.com/stories/2002/04/29/national/main507550.shtml
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Vickers Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jan-30-06 03:02 PM
Response to Original message
4. Awwww, look at the cute widdle tiger!
:sarcasm:
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MsKandice01 Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jan-30-06 03:05 PM
Response to Original message
6. WTF?
THAT'S the picture they used? Are they fucking serious?
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underpants Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jan-30-06 03:06 PM
Response to Reply #6
8. Yep-" most emailed "page
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MsKandice01 Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jan-30-06 03:11 PM
Response to Reply #8
11. I love that picture of Shrubby towards the bottom of the page..
He was looking particularly Chimpy in that one.
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madmom Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jan-30-06 03:11 PM
Response to Original message
10. Notice the mobile station in the back is only .99 ?
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underpants Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jan-30-06 03:12 PM
Response to Reply #10
13. Ha! good catch
I totally missed that.
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CanSocDem Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jan-30-06 03:33 PM
Response to Reply #10
18. It's called choice......


...it fuels capitalism and consumerism.
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