NEW YORK CNNMoney.com) — Exxon Mobil once again reported the largest quarterly profit in U.S. history Thursday, posting net income of $11.68 billion on revenue of $138 billion in the second quarter.
Is anybody shocked or surprised?
Yes, it’s Blame Time. Must be the falling dollar. Yeah, that’s it.
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2 Comments
Marcus Hamaker
July 31st, 2008
at 11:27am
How not surprised am I? Does anyone else think like I do with this subject? Aren’t the gas companies pushing people to come up with renewable energy resources faster by hiking their prices? Then we see these profits too???
ACK!
Martin Kruse
July 31st, 2008
at 8:39pm
Imagine this, Exxon only controls 3% of the world’s oil. 80% is Nationalized, imagine all those 3rd world dictator’s oil profits… At least a lot of those profits are going to American shareholders.