Halliburton Income More Than Doubles
Halliburton Income More Than Doubles
This is an interesting headline. Halliburton income more than doubles. When I work the numbers, the net income per share was $0.55 last year and $1.62 this year. That's 2.94 or 294% or almost TRIPLE the net income. Admittedly the bulk of this was splitting Halliburton from KBR, Inc.
The reason I'm so interested in this, is because when the oil companies had "record profits", it amounted to a 15% increase over profits from the previous year.
Given this, I wonder if there will be congressional hearings over the 'exorbitant' Halliburton profits? If not, why not?
I fear the reason is that people piss and moan about gas prices because they buy gas several times a month. They are reminded on a weekly basis about the price of gas, but they really don't comprehend the price of War. They also are don't get a weekly bill for federal taxes, so it's not the same as going to the gas station.
It's pretty sad.
This is an interesting headline. Halliburton income more than doubles. When I work the numbers, the net income per share was $0.55 last year and $1.62 this year. That's 2.94 or 294% or almost TRIPLE the net income. Admittedly the bulk of this was splitting Halliburton from KBR, Inc.
The reason I'm so interested in this, is because when the oil companies had "record profits", it amounted to a 15% increase over profits from the previous year.
Given this, I wonder if there will be congressional hearings over the 'exorbitant' Halliburton profits? If not, why not?
I fear the reason is that people piss and moan about gas prices because they buy gas several times a month. They are reminded on a weekly basis about the price of gas, but they really don't comprehend the price of War. They also are don't get a weekly bill for federal taxes, so it's not the same as going to the gas station.
It's pretty sad.

