BP earns £463 a second… as motorists suffer record petrol prices

by TheTotalCollapse.com on April 29, 2010

Motorists paying record prices at the pumps reacted with fury at news of a 135per cent rise in profits by oil giant BP – earning a massive £463 a second.

BP said on Tuesday that profits hit £3.6 billion ($US5.6 billion) in the first three months of 2010 – more than double the level last year.

The 135 per cent profits rise comes after the price of crude oil was pushed higher by recovery hopes for the global economy and due to market speculation.

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