High gas prices affect us all negatively while providing huge profits for big oil companies. The last of the Big Five oil companies recently announced their profits so the totals are in. Between the five of them, ExxonMobil, BP, Shell, Chevron and ConocoPhillips made $34 billion in profits in the first three months of 2011—up 42 percent from a year ago. Exxon alone cleared a cool $10.7 billion profit from January through March, up 69 percent from 2010. That's $82,175 a minute. Shell is expected to post a healthy 22.2 percent gain, translating to $5.9 billion for the company, which is right on par with competitor Chevron's profits.
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