BREITBART.COM - Chevron's 4Q Profit Soars to Record High
Blogger's Note: So if PROFITS are up this much and the average american is struggling with uel costs, shouldn't PRICE GOUGING in the oil industry be investigated?
By MICHAEL LIEDTKE
AP Business Writer
SAN RAMON, Calif.
Chevron Corp.'s fourth-quarter profit climbed 20 percent to $4.14 billion, a company record that continued the most prosperous stretch in the oil company's 126-year history as it capitalizes on high fuel prices that are squeezing consumers and ruffling politicians.
Its profit of $14.1 billion for the full year was also a company record.
