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Thursday, July 31, 2008

Shell profits up 33% to $11.55 billion for quarter

Awwwweeeee. Isn't that cute? I'll bet the Shell lobbyists are buying McCain lots of donuts with sprinkles now. They've been so supportive of him since he flip-flopped on offshore drilling, with contributions arriving immediately. Big Oil really does have our best interest in mind, so why can't we just accept that and give them even more free handouts and tax breaks?

Anglo-Dutch energy giant Royal Dutch Shell said Thursday its net profits jumped by a third to 11.556 billion dollars (7.409 billion euros) in the second quarter owing to record high oil prices.

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