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EIA: Major Energy Firms' Earnings Shot Up in Fourth Quarter, 2003 on Higher Prices - Vimarsana News

EIA: Major Energy Firms' Earnings Shot Up in Fourth Quarter, 2003 on Higher Prices

Twenty-four major energy companies operating in the U.S. reported "significantly higher" overall corporate net income for the fourth quarter of 2003 and for the entire year compared to 2002, due mostly to higher oil and natural gas prices, according to a new report from the Energy Information Administration (EIA).