Chevron's 1st Quarter Profits up 49%

[LukenDC]

Big oil companies continue to make a huge profit from the increasing gas prices:

http://money.cnn.com/2006/04/28/news/companies/chevron.reut/index.htm?cnn=yes

I hope that my mutual fund manager is investing in Chevron!

 

[mrsltg]

OMG!!! A legal company is making a profit from a legal product???? What's next?

 

[AllyandJack]

I don't care if they make a profit....but, they need to stop making excuses. They have all these excuses why prices are so high. Just once, I want to see some dude on TV say, "Prices are high because we pay our employees well. Prices are high because we like to make money. Prices are high because we need company jets." Just tell the truth. They COULD lower prices - maybe not as low as some of us would like - but they COULD lower prices and still make a decent profit. But, they want a bigger profit. No harm in that, but stop lying about it.