THE FLENSBURG FILES 2012: The Year of Reckoning
If there is a year where judgement day will take place, where our actions of the past will determine our fate in the future and where justice will be served once and for all, this year is it and for ... Posted on 1/4/12 at 7:12 AM
WASHINGTON — First quarter profits for American oil companies are jaw dropping. Exxon earned nearly $11 billion, up 69 percent from a year ago. Royal Dutch Shell PLC, Europe’s largest oil company, announced it made $8.78 billion in the first quarter, a 60 percent increase over last year. Much of it, but not all, is due to higher gas prices, over which the companies have very little control due to our heavy reliance on foreign oil.
Heading out to the lake for the weekend will be a more expensive proposition this summer, as Minnesotans feel the pain at the pump. Whether you drive a gas guzzler or a hybrid vehicle, the cost of gas hurts.
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