More Chevron Record Profits



If it's another financial quarter, it's another round of record profits for Chevron. This time, the Los Angeles Times reports that the San Ramon oil concern posted net income of $6 billion, despite a drop in production and some sudden money-losing ventures. Apparently, Chevron's refining and marketing business can go from earning $1.3 billion to losing $734 million, and the company can still break the bank. Welcome to the world, ladies and gentlemen.