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Exxon Shows Record Profits
ExxonMobile shows highest quarterly profits in history
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33 Comments
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(July 31, 2008)
ExxonMobile reported a quarterly profit of 11 and a half billion dollars on Thursday.
That sets a record for most ever in US corporate history.
The news comes as most Americans are still struggling to fill their gas tanks due to high gas prices.
Exxon's Vice President for investor relations says the record profits "highlight the quality of our integrated business model and disciplined investment approach."
Latest Comments
Posted by: Non Exxon consumer
Location: Centeral Texas
on Aug 7, 2008 at 02:51 PM
So why keep buying Exxon just go to some other station.
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Posted by: Mother of Three
Location: Temple
on Aug 7, 2008 at 12:58 PM
The record profits "highlight the quality of our integrated business model and disciplined investment approach." WHATEVER... it highlights your ability to screw the American people and get away with it. Fortunately I'm financially sound enough to not have to choose between gas and milk but I KNOW some people are faced with that dilemma. How can Exxon sleep at night?? They should be ashamed, but that would mean they cared and we all know they don't.
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Posted by: LN
Location: Robinson
on Aug 7, 2008 at 12:55 PM
This article is such a one sided piece of crap. Totally designed to make "big oil" look bad. Exxon/Mobil makes about 10% on its money. Very much in line with normal business practices. Less than Microsoft. Less than other businesses. So, do we need to take over Microsoft for making too much money? Ya'll people who think the government needs to take over and "do something" should sit back and shut up. The "do something" that the government and the public is doing is blocking us from building refineries and drilling for oil. Yeah, they have 68 million acres to drill on now. But they can't because the greenies are filing lawsuits and doing every other trick they can think of to keep them from doing business. All the while YOUR fuel costs soar and you blame Bush because you are too lazy to do the research to find out what supply and demand mean.
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