they say they are charging what they charge because prices are up. they're not gouging us or anything. they HAVE to pay the piper. yeah right. they ARE the piper and we are the rats being led to the drowning pool. (where's jed, jethro, grannie and ellie mae when you need 'em?)
Exxon Posts $10 Billion Profit, Shares at New High
By Deepa Babington, Reuters
NEW YORK (July 27) - Exxon Mobil Corp., the world's largest public oil company, on Thursday reported quarterly profit surged 35 percent to more than $10 billion, driven by yet another quarter of sharply higher oil prices.
The results sailed past Wall Street forecasts and sent its shares to an all-time high, but quickly triggered a fresh wave of outrage from U.S. lawmakers and consumer groups angry at Big Oil's profiting handsomely while gasoline prices soar.
"While American families get tipped upside down and have their savings shaken out of their pockets at the gas pump, the Bush-Cheney team devises even more ways to line Big Oil's pockets," Rep. Ed Markey, a Massachusetts Democrat, said in a statement on Exxon's profits. He is a member of the U.S. House of Representatives Energy and Commerce Committee..........
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3 comments:
How about they cut the price and only make 10 billion?
i mean 5 billion
graeme, i love ya, but are you nuts??????????????? ONLY five billion??????????????
damn you're cold!
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