the war is going WELL! ConocoPhillips Profit Leaps by Nearly Two-Thirds

[w8liftinglady]

http://www.nytimes.com/2006/07/26/business/26cnd-conoco.html?_r=1&ref=business&oref=slogin
ConocoPhillips, the first major American oil company to report results for the second quarter, said today that its profits leapt by nearly two-thirds, a windfall it owes largely to soaring world oil prices
snip-
Conoco’s results are expected to set the pace for what oil analysts predict will be another round of soaring profit reports from the industry.

[sgxnk]

1. i;ve owned this stock for some time

best stock symbol in the universe: COP

ia also like the symbol
METH

[AndyA]

2. Let's see...oil costs more, gas goes up because oil costs more, but

oil company profits go up as well. Hmmm...something doesn't make sense here. If the oil companies are PAYING more for the more expensive oil, and just passing on that increase to consumers, how is it their PROFITS keep going up as well? Especially a 65% increase!

Sounds to me like the customers are being GOUGED by the oil companies. Shame on ConocoPhillips, and our SHAM OF A GOVERNMENT for letting the oil companies RAPE AMERICA.

[w8liftinglady]

3. that is EXACTLY what i was thinking...war profiteers