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Exxon Mobil earns $1,318 a second in profits

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posted on Jul, 27 2006 @ 08:56 PM
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At least according to this report they do..




NEW YORK (CNNMoney.com) -- Profits at Exxon Mobil surged 36 percent to a near record $10.4 billion in the second quarter as surging oil prices helped the world's largest publicly traded company soundly beat Wall Street forecasts.

The company's profit - which amounts to a cool $1,318 a second - is the second biggest ever reported by a U.S. company, behind only the $10.7 billion Exxon itself earned in the fourth quarter of 2005.

Soruce Link



Bah, it's only money.. we gotta drive. Right?

War and violence in the Middle East= $$$$$$$$$$$$

You can almost hear them laughing all the way to the bank, with our hard earned money.



[edit on 27-7-2006 by UM_Gazz]




posted on Jul, 31 2006 @ 02:44 AM
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and u wonder what incentive do the these oil cartels have in changing anything to reduce their ever increasing profits.



posted on Jul, 31 2006 @ 03:38 AM
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Paragraph 11 of that article states that "oil prices fluctuate widely over time and that, in the long run, it's actually less profitable than a number of other industries."

It's just very interesting that they are stating that at a time when they are receiving record profits.



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