“What the ….. “!
This is a family blog, so I won’t be using any foul words. Still, when you read today’s entry, you will understand why I am on the verge of saying something naughty.
As I was going through the scripts that were written for the 5pm show, I came across a story about Exxon/Mobil and it’s profits report for the third quarter. Turns out the oil giant did well. Very well.
They made $14.8M during the three month period ending in September. That was not only $3M more than they made during the second quarter and not only made during a time of record-high gas prices, but it was the most money ever made by a company during a three month span – IN AMERICAN HISTORY!!!!
Think about it.
While we were paying nearly four dollars a gallon for gas and millions simply gave up their cars for public transportation, Exxon/Mobil was making a record-setting profit. I’m sorry, but when we as taxpayers are busy bailing out the banks with our tax dollars, it enrages me to know that oil companies are overcharging us. Even worse, according to our station’s economics expert from Duquesne, the oil companies are nailing us again. As prices are dropping, he says the price should be even lower based on supply but the oil companies are keeping them artificially higher – by as much as 80 cents.
It seems the consumer is always under attack, from the cable industry’s small but constant increases to the soon-to-be rocketing costs of home heating oil. At a time when we are being asked to sacrifice and pay our fair share in order to turn the economy around, it makes me angry that corporations like Exxon/Mobil seem destined to squeeze every last penny out of us.
OK, let me take a deep breath here and relax. Sorry to get so fired up, but I’m offended when I hear about company’s laying off people and then you have Exxon/Mobil make millions at a time of crisis.
Sorry for venting …. but at least I caught myself before I sad something naughty.