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| freakd | this makes me ill | ||
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Master Guru
 
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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. |
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Posted on: 2006/7/27 22:11
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| red_johnny | RE:this makes me ill | ||
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On Sabbatical
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I agree. Its BS and for them to be makeing that much profit!! I know the whole supply and demand but there has to be a point where you say
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Posted on: 2006/7/27 23:35
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| bogus | RE:this makes me ill | ||
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Grand Imperial Pooh-Bah
 
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I am about as flaming a liberal as you will find on a Corvette website... but I will be the first to say, go for it.
It's capitalism at it's very best. Remember, they have to pay a ton of taxes on that income, too. Now, if they would reinvest some of these killer profits into new and better refineries here in the states, it would be much more acceptable. |
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Posted on: 2006/7/28 17:12
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