[news] Exxon Mobil: Largest Quarterly Profit Ever by US Corporation at $11.68B

[Mostly Water - "Canadian" and International alternative news feed]

[Let's not kid ourselves. The high price we pay at the pumps is not solely driven by a "fear" of a scarcity of easily refinable crude or by the oil wars being more expensive than budgeted. Corporations are corporations and will levy any opportunity to increase profits and Exxon Mobil are masters at this game. -ron]

HOUSTON - Lifted by record crude prices, Exxon Mobil says its second-quarter earnings rose nearly 14 percent to $11.68 billion, the biggest quarterly profit ever by any U.S. corporation.  


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    [1]: http://mostlywater.org/exxon_mobil_has_biggest_profit_ever_at_1168b

URL: http://mostlywater.org/exxon_mobil_has_biggest_profit_ever_at_1168b