;D

Exxon Mobil 3Q income jumps 55 percent.

The Associated Press NEW

Snip
YORK — Exxon Mobil Corp. said Thursday that income jumped 55 percent in the third quarter on higher oil prices and increased production.

The world's largest publicly traded oil company reported earnings of $7.35 billion, or $1.44 per share, for the third quarter. That compares with $4.73 billion, or 98 cents per share, in the year-ago period. Revenue increased 15.8 percent to $95.3 billion.

Petroleum companies have seen profits jump as oil prices rebounded from 2009. The ability to sell crude barrels for more money has offset unexpected drilling expenses and a drop in Gulf of Mexico production that some companies are starting to see following BP's giant oil spill earlier this year.

The U.S. shut down deepwater exploration for several months after the April explosion on the Deepwater Horizon rig, and regulators set tough new rules that nearly halted drilling activity in the Gulf. In July, Exxon took the lead in organizing a $1 billion containment network that will eventually be used to respond to future spills in the Gulf.

http://www.comcast.net/articles/news-general/20101028/US.Earns.Exxon.Mobil/?cid=NET_SZHeadlineRSSLinks&attr=article_news_general_US.Earns.Exxon.Mobil

OK, Exxon, so why not take some of those profits and lower the price of your gasoline a few cents a gallon? 

Oh, that's right, you have "stockholders" to answer to. 

Quote from: AmericanFlyer on October 28, 2010, 10:06:02 AM
OK, Exxon, so why not take some of those profits and lower the price of your gasoline a few cents a gallon? 

Oh, that's right, you have "stockholders" to answer to.

Hmmmmm... I do not hold oil stock but I did make just over 10.000$ in the last quarter.   ;D

That's a decimal. You meant a comma, or are you telling us you made as much as Ricky did the whole year?  ;)

Quote from: quiller on October 28, 2010, 12:10:49 PM
That's a decimal. You meant a comma, or are you telling us you made as much as Ricky did the whole year?  ;)

Ok comma it is. LOL  Ten thousand dollars  ;D  but my calculator shows it as 10'000.00 not 10,000.00  ;)

His uninploymnet should have run out 6 years ago.   ;D   :o  Oh that right the welfare system pays more.   :(

Quote from: AmericanFlyer on October 28, 2010, 10:06:02 AM
OK, Exxon, so why not take some of those profits and lower the price of your gasoline a few cents a gallon? 

Oh, that's right, you have "stockholders" to answer to.

Those damned private property rights.  ;D ;D ;D