My Heart Breaks for the Oil Companies

My Heart Breaks for the Oil Companies

I just think that this is wrong!

I've been waiting for the big oil companies conference calls on quarterly profits. CONOCOPHILLIPS (COP - NYSE) announced last night, that they had a 2nd quarter profit up 51% from the 1st quarter - and a revenue jump of 34%.

Tell me that they are not inflating oil and natural gas prices and sticking the pump nozzle where the sun don't shine to comsumers! Profits of 14%, 20%, maybe 25% on the quarter, BUT 51% during a time that the big oil companies are crying in their beer that they are facing hard times due to crude prices.

Pisses me off it does

WH