Energy prices give boost to Big Oil p...

Energy prices give boost to Big Oil profits

There are 1 comment on the The Reporter story from Oct 29, 2010, titled Energy prices give boost to Big Oil profits. In it, The Reporter reports that:

The major oil companies racked up significant gains in net income for the third quarter by charging more for oil than they could a year ago, and making money refining it.

Join the discussion below, or Read more at The Reporter.

silly people

Calgary, Canada

#1 Nov 2, 2010
too bad very little of those profits equate to new jobs in CA. We are so hung up on hating big oil that we import most of it from Canada and send all the jobs to develop the oil fields, transport and refine the oil to their workers. Then we burn the gas in our cars here in CA. It is no wonder we have such a huge trade deficit.

Maybe if we did more of our energy development here in CA, our economy would not be so bad.

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