Today was the day to not read the newspaper it seems. While reading the Business Section of our local paper, this got my blood boiling.
I’d like to know how in the world these oil executives can defend their gigantic profits and bonuses in this third quarter, which I’ve heard has been the best in years, and say it isn’t because prices sky-rocketed due to the hurricane and oil crisis afterwards. The article say ExxonMobil earned $10 billion, in the third quarter. TEN BILLION DOLLARS!!! That’s insane!!
And another thing, how can an oil executive not know what his distributors were doing in the aftermath of Hurrican Katrina with prices going up 24 cents in 24 hours, as the article states? How? Maybe because he’s too busy rubbing his hands together in glee?
Last night at dinner while visiting with a friend from the hubster’s alma mater, we were told the college’s heating costs were estimated to go up $230,000 next year. That’s a lot of money folks. A lot of money. Especially for small institutions who squeeze every penney till it cries!
This is ridiculous. If I had anything to say about it, I’d make those oil executives give back ALL of their bonuses back to the customer. Or at the very least, use their bonuses to pay all the heating bills of those people who can’t even afford to pay the previous bills!