Monday, January 02, 2006

2005: The Year Of The Oil Men!

40% profit!

But gasoline prices are down, Republicans will argue.
Yep. Down from $3.00+ per gallon to $2.19 in some areas.

But even at $2.19, The Year Of The Oil Men ended with a 40% PROFIT.

Oil closes '05 at 40% above a year earlier
The final day's price topped $61 a barrel. The forecast for next year: Not much change from how it is now.

By Brad Foss
Associated Press

NEW YORK - Oil futures settled above $61 a barrel yesterday and finished the year 40 percent higher than they started. That capped a tough year for energy consumers but a great one for the petroleum industry, as prices soared amid strong demand and tight supplies.

For similar reasons, there was an even sharper advance in 2005 in the price of natural gas, which surged more than 80 percent, making it especially expensive to produce electricity, manufacture goods and heat homes.

How did your family do last year?

Did your investments and/or savings come anywhere close to that of The Oil Men?

If so, you should consider producing one of those late night infomercials to sell your amazing strategy!

If not, the BFEE (Bush Family Evil Empire) thanks you for being so damned bad at math! And for being so damned stupid that you actually thought that voting for Oil Men would lower gas prices!

Heating bills, production of electricity, manufacturing, transportation, and various other costs will not affect The Oil Men adversely, though.

Guess who will eat those costs?


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1 Comments:

Anonymous Anonymous said...

When you consider how much our government subsidises the oil industry through Military spending necessary to secure oil for the corporations, the costs to the tax payer are even higher.

10:36 AM  

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