Is it right that Shell has just released record profit stats?

Question

Posted in the wrong section as someone so kindly pointed out.

Answer 1

yes - correct.  because of its multi location operation

Answer 2

I do agree with your first answer.  Not only Shell but other producers of gasoline show "tremendous" profits as well.

I cannot understand how we and/or other nations dependent on oil from the Middle East allow them to "control".  I have done my own research on this subject and there is nothing I can find how "OPEC" in the Middle East controls the number of barrels (this seems to impact most), to our "refineries" here (the big gas companies) and this cost.

I believe last "fall", the President/CEO of Exxon was on one of the "news talk shows" when we thought prices were high then.  His explanation to high prices was very "vague".  No "top executive" in this business keeps this industry "top secret".  Most Americans use gas, we know this, we buy no matter the cost, just explain how "pricing" is set.

I truly get sick and tired of the "gold plated" mansions, commercial jets designed with "gold toilets", and the "arrogance" of those in the Middle East on this oil issue.

We need answer as to why number of barrels are not increased.

Just "venting".  Stay positive.

Answer 3

no''

Answer 4

well yea... i mean a business is a business... and business is good for them now.. dont worry, once the oil rans out then what?