Gas prices easy to pay when you´re RICH
Exxon/Mobil has posted record profits this quarter of nearly $10 billion, on revenue of $100 billion. This was the largest profit for any company in US history.
The news comes while many Americans are paying double at the gas pump from what they paid a year ago, and the government warns of spiking prices for heat this winter. When approached for comment, the CEO of Exxon/Mobil doused our reporter with Premium and tried to light a match.
Business
10/28/2005 9:51:15 AM
by: Rogue
ABCNews - Exxon/Mobil has reported more profit this quarter than any US company ever in the history of time. Their revenue was greater than many developed nations. And they held a press conference so we could all be happy for them.
The company´s executives, who CGW has learned smell like a gas station men´s room, struggled valiantly in the greatest American tradition to turn a slight supply problem following Hurricane Katrina into a massive profit margin. Oil production after Katrina slipped to 2.45 million barrels per day from 2.51 million, a 2.4% decrease in supply that prompted a 200% price hike.
Americans are still more than happy to pay high gas prices to fill their H2 urban tanks, and Exxperts predict this golden age of bounty will last forever...
Other Business Stories at CGW: