King Kang

Strong Sales Boost Halliburton Profits 19%

No surprise that Halliburton was able to post numbers like these, especially with oil looking to hit over $100 a barrel before the year is out (it will go even higher if Turkey invades northern Iraq). As for the "Eastern Hemisphere", Halliburton goes where the oil and oil infrastructure is. Since most new fields (or older fields with shabby infrastructure) are located in the Middle East or Asia....no surprise again. However, Halliburton's most prized asset may be its corporate ties to the energy industry, not to mention other relevant industries (chemicals, airlines, etc.) www.newsvisual.com/new... . These ties provide Halliburton with lobbying connections and inside info to help it stay one step ahead of the competition.