So, here's the deal...
My gas bill has gone up this year from about £20 a month to £40. The electricity has gone up to £50. Petrol is up at about 90p a litre or something now too. And in the middle of all this, Shell post record profits following on from Exxon's record last week.
What's even more impressive is that Shell said production
fell to 3.5 million barrels of oil from 3.84 million for the same period of 2004. So they produced less, but made more money! How does that work?
2 comments:
The Pipeline Card scheme has just reached 100K members. This was the figure required to activate the scheme.
If you've never seen it, it's a scheme to allow single consumers to get the benefits of bulk buying. Pipeline will negotiate with an oil company to get a discount on behalf of it's 100K(+) members. Of course the more members it has, the stronger Pipeline is during negotiations. Join today - you know it makes sense.
As for less produced and more profits - don't forget that when the prices go up they have enormous reserves of oil produced at a cheaper price which they then sell for the new increased price. Add to this that when world oil prices go up you see the effect IMMEDIATELY at the petrol pump - when world prices come down they take a while to filter through to the consumer. Fscking rip merchants.
Do you think that pipeline thing is real? Seems like a scam to me...
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