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Thursday, October 27, 2011

Exxon Mobil Profit Soars 41%

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:

  1. AnonymousOctober 27, 2011 at 12:52 PM

    But I thought Obama was killing the oil industry?!!!!

    ReplyDelete
  2. AnonymousOctober 27, 2011 at 1:12 PM

    Baraks going to expect some skins from that company for re-election I'm sure. Sad thing is he will probably get it.

    ReplyDelete
  3. AnonymousOctober 27, 2011 at 2:24 PM

    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.

    ReplyDelete
  4. AnonymousOctober 27, 2011 at 6:43 PM

    Amen 2:24!
    Degregulation has taken its toll in these areas and has cost us, the consumers, plenty!

    ReplyDelete
  5. AnonymousOctober 27, 2011 at 7:16 PM

    Got to build those Muslim Mosques for OBAMEEEEEEEEEEEEE

    ReplyDelete

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