Tuesday, October 28, 2008

BP has seen its latest quarterly profits more than double, buoyed by record high oil prices.




Oil prices hit an all-time high of $147 a barrel in July, but have since fallen back sharply to about $62 this week.
Reporting its results for the three months from July to September, BP's replacement cost profit totalled $10bn (£6.4bn), up 148% from a year earlier.

BP said high prices had "obviously helped our absolute result", despite the recent sharp fall.BP chief executive Tony Hayward said that oil prices could decline further as the world enters a recession."I believe that BP is well-positioned to cope with such volatility," he said."We think the current turmoil may in fact create opportunities for us and we will look at those very closely." source: http://news.bbc.co.uk/2/hi/business/7694508.stm

I take issue with these bastards who go around raping countries with the full approval of their governments, allowing them to be mercenary pirates. The most astounding issue is that de-regulated inflation of the oil prices became THE issue since 2001.
What can make a company accountable to any government in this post 9-11 post GulfWarII era?  

Well the Mechanisms are in place, now apply them! Try these bastards on the platform of :
Economic Terrorism!  

But you'll never see that happening.  The heads of these companies and the boards are filled with friends of government ministers and kick-back taking government-leaders and policy-makers. (So what if I don't have the right facts to back me up?
Well, luckily the precedents are there: Who lies to the public more: Corporations or Politicians? And where do we really need to draw the line? In 2004 Shell had been involved in a Scandal involving making up completely FICTIONAL Oil Reserves Numbers that 2-3 years after this report about Crude Oil Price/Barrel was published in 2002, has become a reality of inflated sky-rocketing gas prices.  Wikipedia on Oil Reserves Estimates

Meanwhile, in other rape news:
http://news.bbc.co.uk/2/hi/americas/7675234.stm
Cuba claims massive oil reserves
Cuba currently produces 60,000 barrels of oil a day 
The state-owned Cuban oil company says the country may have more than 20bn barrels of oil in its offshore fields - more than double the previous estimate.Now tell me, isn't this just an open invitation to foreign investors (read Rich Unscrupulous Bastards) looking to re-invest the money they just took out of (Developing Nations) and place it in Cuba's hands?  I don't forsee a war soon, but seriously Cubans? Do you HAVE to proclaim your OIL WEALTH NOW? What were you waiting for? 

NOW THAT CASTRO IS GONE IT'S TIME TO PARTY IN A CUM-GUZZLING CAPITALIST WAY THAT ONLY RAUL KNOWS HOW??! 

*HEY AMERICANT'S COME AND GET IT!! IT'S TRICK OR TREAT BABY! OH YEAH! HALLOWEEN'S COME EARLY! NOW YOU HAVE AN EXCUSE FOR THE OIL INDUSTRY, I MEAN, OIL MERCENARIES, I MEAN, AMERICAN ARMY, TO GET OUT OF THE IRAQ FIASCO AND ALMOST GUARANTEE THAT THE DEMOCRATS MAKE AMAZING HEADWAY IN THE REALM OF GEO-POLITICS! OBAMA! OBAMA! COME ON OV.....* 
-Famous 'fictional' last words of Raul Castro after being filmed showering in the first extracted barrel of newly-found Deep Sea Oil 

*TRANSMISSION CUT DUE TO EARLY REGIME-CHANGE IN CUBA


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