War is very profitable for the oil industry. DRILL DRILL DRILL at $140 a barrel...

Why does the oil industry want every inch of american land and sea leased to them even though they've already got 80% of land and 30% of the sea leased and they're not drilling on it already? They don't want to drill to lower prices at the pump, they want to drill at $140 a barrel or more and republicans are toting their water for them by not signing onto the one bill that will lower the price of oil today, the anti speculation bill. Why would they support a bill that would reduce these profits for the oil industry, their sugar daddies? i ask you all to call your senators and tell them to move and vote yes on the anti speculation bill before their 6 week august break. Tell them not to leave us with these high prices while they run off to collect more money from their rich contributors before the election in november. that toll free number is 1-800-828-0498.
Rising Oil Prices Swell Profits at Exxon and Shell - NYTimes.com

http://www.nytimes.com/2008/08/01/business/01oil.html?ref=business
Exxon Mobil, the world's largest publicly traded oil company, reported on Thursday that second-quarter income rose 14 percent, to $11.68 billion, the highest-ever for an American company. Net income of $2.22 a share compared with $10.26 billion, or $1.83 a share, in the quarter a year ago. Revenue rose 40 percent, to $138.1 billion, from $98.4 billion in the quarter a year ago. Excluding an after-tax charge of $290 million tied to an Exxon Valdez court settlement, earnings were $11.97 billion, or $2.27 a share. Excluding one-time charges, analysts had expected Exxon Mobil to earn $2.52 a share on revenue of $144 billion, according to Thomson Financial. With this quarter's result, Exxon topped its own record of $11.66 billion in the fourth quarter of last year.