By STEVE QUINN, Associated Press Writer
1 hour, 25 minutes ago
IRVING, Texas - Exxon Mobil Corp. had a quarter for the record books. The world's largest publicly traded oil company said Thursday high oil and natural-gas prices helped its third-quarter profit surge almost 75 percent to $9.92 billion, the largest quarterly profit for a U.S. company ever, and it was the first to ring up more than $100 billion in quarterly sales.more
$9.92 to billion in one quarter! Tell me again why gas, natural gas, diesel and fuel oil are so expensive. I keep hearing complaints about not enough refineries and too strict regulations that make gas etc. expensive to refine. It doesn't seem to be hurting Exxon or BP all that much.
The reason I post this hear is because the oil industry keeps asking for tax breaks for exploration and new refineries. I think we need to make sure our politicians know that we have already given enough money at the pump to fund this and don't need to put our country further in debt with tax cuts.
4 comments:
Exactly.
I wouldn't say you are changing your stripes. It just makes sense to me that you don't need a hand out if you are posting $9+ billion/quarter profits.
where's stephy's handout? granted i don't do much really, like process oil to fuel the suv's that run me off the road, but i can be just as big a pain in the ass as all these whiny bastards who complain about not making enough money. hello- let them try working at my job (which i love, and it's not about the money at least, yet...)
I like Snickers; it satisfies and all that.
kit kat, reece's peanut butter cups, pieces, and stix, peanut butter m&m's, nutrageous, whatchamacallits, butterfiingers, twix (peanut butter), chocolate truffles, carmellos, uh- i like candy.
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