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Exxon's Record Profits - Again
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Exxon's Record Profits - Again
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Diddly
November 4, 2008, 9:46pm
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Noble
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So when you're filling up at the pump next, just remember, Exxon has had yet another record breaking profit.
http://money.cnn.com/2008/10/30/news/companies/exxon_earnings/index.htm
Not just breaking their own records, but they are the biggest money making company in the U.S.
EVER!
They profited almost $15 Billion dollars this quarter alone! Earlier this year, when they made a paltry $11 Billion dollars in Q2 (
http://money.cnn.com/quote/financials/financials.html?symb=XOM
) this article (
http://money.cnn.com/2008/07/31/news/companies/exxon_profits/?postversion=2008073110
) estimated that amounted to $1485.55 profit per second. Profit! And they've beaten that!
But they expect this trend to end. Good thing McCain wants to give them an extra $1.2 Billion in tax cuts a year to help the struggling organization.
http://www.cbsnews.com/stories/2008/04/17/opinion/main4024185.shtml
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