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BP Profits Jump as Oil Prices Smash Record Highs

Posted July 29, 2008 8:36 AM

From Yahoo! News: Science News:

British energy giant BP said on Tuesday that its net profit rallied by 28 percent to 9.47 billion dollars (6.02 billion euros) in the second quarter as oil prices surged to record highs. BP's revenue soared by 49 percent to 111 billion dollars in the three months to June 30 compared with a year earlier as gas prices also soared, but production was flat at 3.83 million barrels of oil equivalent per day.

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Guru
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#1

Re: BP Profits Jump as Oil Prices Smash Record Highs

07/30/2008 5:05 AM

Thieving bastards...

But they'll simper...'ooh the profits aren't from our petrol division.'
That's like a mugger saying it's not his fault he's taken your wallet...it was his right hand that did it.
Government should whack 'em with a HUGE tax bill and cut the price of fuel, that would help the economy.

You have industry wingeing about recession whilst stuffing their fat faces...

Del

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Guru
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#2

Re: BP Profits Jump as Oil Prices Smash Record Highs

08/01/2008 5:45 AM

It's the same financiers behind the scenery, which operate BP and the other major oil players.

To them, people are pawns, to be disposed of, rather early in the game.

Kind Regards....

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