Oil companies claim they need to hike up gas prices due to rising prices so they dont lose money, yet they are now shattering profit records in the US..

http://money.cnn.com/2006/01/30/news...ex.htm?cnn=yes

 

i didn't read it.... but it isn't surprising.

 

Are you surprised. You'd think oil companies would at least lube us up before bending us over.

 

the bad thing is that there is nothing we can do about it either

 

We just brought up this point with the steel companies. The company I work for has to keep eating profit due to steel prices rising. Yet the steel companies profit keeps going up as prices go up. I guess we didnt need the money anyway...

 

it sucks when companies can corner the market.

 

same thing with us. we made 4 bolt splayed caps and our distributor tried makin us eat the riding steel prices. We told them to eat **** and told them pay the difference or find someone else to make them