Thankfully gas prices are still high...
On CNN.com today...
Exxon Mobil Corp. posted the largest annual profit in U.S. history Thursday, even though fourth-quarter earnings fell on lower natural gas prices and shrinking gasoline margins.
Exxon Mobil Corp. posted the largest annual profit in U.S. history Thursday, even though fourth-quarter earnings fell on lower natural gas prices and shrinking gasoline margins.
For the year, Exxon Mobil earned $39.5 billion, up from its previous record $36.1 billion in 2005.
My wife says I produce lots of gas. I wonder if I can somehow parlay that into profit too?
Labels: gas profit
February 1, 2007 at 4:47 PM
"Rachel, the car is almost out of gas, you need to fill it up once in a while."
"I was waiting for gas prices to go down."
Meanwhile, today I almost ran out of gas (I think). top
February 2, 2007 at 3:47 PM
$1.88 a gallon last week. here in texas. i wanted to take a picture so my kids could see the good old days, how it used to be. i think that might be the lowest it will ever be from here on out. good post. top
February 3, 2007 at 11:09 AM
but Exxon recently said they are looking into alternative fuel sources - uh huh! right... there is no incentive for them to start reducing their profits. i predict prices will head up - not just because of an unstable middle east but imagine global fuel consumption when 1 car families in china are common! top
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