Big Oil Breaks Records With Profits

By: Lori Dougovito
By: Lori Dougovito

Big oil companies are reporting big profits during their third quarter. The money made during the time gas prices were at the highest just after Hurricane Katrina this past summer.

One gas station owner we spoke with is upset about the profits posted adding his bottom line is the lowest it's ever been in the almost 40 years he's been in the business.

Meantime, Governor Granholm is outraged by the postings. Governor Granholm's Press Secretary Liz Boyd says in the last couple of months, she's penned and sent two letters to President Bush but has not received any response.


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