Exxon Mobil, the largest U.S. oil company by sales and market value, Thursday reported net income of $5.44 billion, its biggest first-quarter profit on record
without one-time gains. ConocoPhillips, the largest U.S. refiner and
the third-largest U.S. oil company, on Wednesday reported profit of
$1.62 billion, also a record.

Surging oil and gasoline prices pushed ChevronTexaco Corp. to record profits of $2.56 billion in its first quarter, easily topping Wall Street's expectations.

Study: Shoppers Deserting Supermarkets

For financially pressed consumers, it's coming down to a choice between spending on gasoline or groceries,
and gasoline is winning, a food industry analysis finds.
[...]
Gasoline prices have been soaring: about 35 cents a gallon since
December, driven by surging crude oil prices, according to gasoline
industry analyst Trilby Lundberg. The food industry report said the
fuel price increases are tightening the pressure on personal budgets
that already were squeezed hard by credit card bills.