Comments on: Take Charge of Your Own Earnings

By: Arbitrage

Arbitrage — Fri, 06 Nov 2009 11:04:59 +0000

Mainly the global market. With countries like India and China consuming tons of oil and gas, it has raised global demand and prices. The instability of the supply from certain countries has contributed to a fear of future supply also.

There's a full article here: http://www.npr.org/templates/story/story.php?stor…

I explained a litte bit of it here if you're still following along: http://answers.yahoo.com/question/index;_ylt=AiYoOni4wlVdRUIwZU249j7sy6IX?qid=1006042612719http://answers.yahoo.com/question/index;_ylt=AiYo… />References :

By: mythoughts

mythoughts — Fri, 06 Nov 2009 11:02:59 +0000

I would love to ask George Bush this to his face.References :

By: kalualani

kalualani — Fri, 06 Nov 2009 05:00:51 +0000

How can gas companies charge so much per barrel when they are reporting record earnings?You would think the government would do have some kind of cost control if these oil companies are making so much profit.

Can someone explain to me how the 3 top oil companies reported earnings of over 15 billion dollars after just the 1st quarter of this year and still cant control the cost per barrel?

Chevron released its results Friday after two of its biggest rivals, ConocoPhillips and Exxon Mobil Corp., already provoked public outrage with similarly large first-quarter profits. Combined, the three oil companies earned $15.7 billion during the first three months of the year.

I just dont understand it.