http://www.ft.com/hippocampus/newsbus.htm#two

Shell reports 173% profits rise

Royal Dutch/Shell, the Anglo-Dutch oil group, said fourth-quarter adjusted current cost net income in 1999 rose by 173 per cent to $2.235bn compared with the same period of 1998 amid rising crude oil prices. The group also said that it was making two senior board changes, with Maarten Van den Bergh resigning his post as president. Royal Dutch shares in Amsterdam were up 1.9 per cent at E54.35, while Shell shares in London gained 2.6 per cent to 430p.

-- Jim McAteer (jim_mcateer@hotmail.com), February 10, 2000

Answers

This only confirms my thoughts of price gouging by the major oil companies. I do believe they were responsible fo the creation of OPEC, and no doubt run it now. But people will blame OPEC for their problems, How neat------- and the oil companies are free of blame.

-- John Lee (hbequip@kachina.net), March 19, 2000.

OPEC = Organization of the Petroleum Exporting Countries

http://www.opec.org/

The U.S. is a net importer of oil.

-- (Acronyms@R.us), March 21, 2000.

John, my friend, why don't you sign up over at EZboard where this can be discussed?? THis forum is effectively closed to posting.

SYSOP # 3

-- Chuck, a night driver (rienzoo@en.com), March 21, 2000.