DALLAS - Oil industry behemoth Exxon Mobil’s earnings rose to $10.49 billion in the third quarter, the second-largest quarterly profit ever recorded by a publicly traded U.S. company. Its share price briefly rose to a 52-week high.
The report Thursday comes as high crude prices this year have fueled record profits in the oil industry, triggering an outcry from consumers who were being asked to pay about $3 a gallon for gasoline in early August.
posted
Americans deserve to pay way more than 3$ per gallon. Call it 25 years of complacency coming back to bite you in the *$$. The fact that there are some who are in a position to profit from the average American's stupidity and laziness doesn't bother me in the slightest...
-------------------- One is never completely useless. One can always serve as a bad example.
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posted
So you do enjoy giving your money away to corporations.
To each his own.
quote:Originally posted by NaturalResources: Americans deserve to pay way more than 3$ per gallon. Call it 25 years of complacency coming back to bite you in the *$$. The fact that there are some who are in a position to profit from the average Americans stupidity doesn't bother me in the slightest...
-------------------- "Those who would give up Essential Liberty to purchase a little Temporary Safety, deserve neither Liberty nor Safety."
posted
Yea I am fed up with that the secound largest profit ever in corporate history.
Lets tell evrybody who took first plalce it was exxon-Mobile in the last quarter of 2005.
All paid for by a huge jump at the pumps. Of course it helps when you control 25% of the worlds production in Iraq. Wether it pumps or not you control it and can demand more per barrel
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You're kidding yourself. If you use it, you pay for it. Either directly, (at the pump), or indirectly (higher fares, higher wages, higher taxes, etc.)
-------------------- "Those who would give up Essential Liberty to purchase a little Temporary Safety, deserve neither Liberty nor Safety."
posted
So let me ask you this Gordon... wouldn't you say OPEC has a greater influence over the price of oil and gasoline than Exxon or some other oil company?
-------------------- One is never completely useless. One can always serve as a bad example.
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posted
LOL, oh yeah, you libs think lack of action on the part of politicans and the american public for the last 25 years have nothing to do with the prices..... Hurricane Katrina, that crippled the Gulf Oil Region, had nothing to do with the prices.... I forgot.
IMO, OPEC has us by the balls, and frankly, we just stood by and watched while they grabbed us, thinking they were too scared of us to actually squeeze..... Plus, they were selling oil so cheap, how could we resist.
-------------------- One is never completely useless. One can always serve as a bad example.
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Yeah, I read it... profits. Good for Exxon and for those smart enough to buy shares of Exxon.
Americans deserve to pay for being lazy and wasteful. Maybe the high price of gas, and record profits for those who aren't asleep at the wheel will wake the slumbering masses...
Pun intended.
-------------------- One is never completely useless. One can always serve as a bad example.
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posted
If I'm a "lib" then you must be a "con." (I'll buy that.)
Americans don't ever deserve to be fleeced by corporations. (They could have educated themselves against it, however.) I personally think it's out of all of our hands now.
-------------------- "Those who would give up Essential Liberty to purchase a little Temporary Safety, deserve neither Liberty nor Safety."
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