NEW YORK (CNNMoney) -- Exxon Mobil reported quarterly earnings of $10.3 billion on Thursday, a surge of 41% from a year earlier.
Why? Higher prices for oil and natural gas.
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5 comments:
But I thought Obama was killing the oil industry?!!!!
Baraks going to expect some skins from that company for re-election I'm sure. Sad thing is he will probably get it.
I believe the premise of supply and demand is not working where utilities are concerned. Wall Street is involved in this. When it comes to fuel and utilities I am sorry but I believe there needs to be regulation. I am a card carrying Republican but I believe regulation is the only way we will ever obtain any control over gas and oil prices.
Amen 2:24!
Degregulation has taken its toll in these areas and has cost us, the consumers, plenty!
Got to build those Muslim Mosques for OBAMEEEEEEEEEEEEE
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