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originally posted by: StoutBroux
There's no justification for the high price of gasoline.
Exxon Mobil’s quarterly profit rose to $8.07 billion from $7.87 billion in the year-ago period. Profits from refining climbed to $1.02 billion from $592 million a year earlier. Earnings from exploration and production fell 4.4 percent.
Similarly, Chevron’s quarterly earnings rose to $5.59 billion compared with $4.95 billion a year earlier. Refining profits soared almost fourfold to $1.39 billion. Its earnings from oil and gas production in the United States and abroad fell modestly.
originally posted by: 200Plus
We had dropped down to $2.78 on the 4th. It is back up to $2.96 this morning. At least it's creeping back up and not all coming back at once