Oct 25, 2004

Oil prices hit new record levels

And somebody's happy.

I think the only thing I love more than the words "record profits" is the groupthink of the investment community and their near-sighted obsession with meaninglessly short accounting periods that makes possible such juicy phrases as "record quarterly profits" and "job cuts."


At 10/25/2004 8:02 PM, Blogger Safety Neal said...

$50 million per day profit....that's pretty damned impressive. No wonder oil companies tell the Bush administration who to invade and when.


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