Patrick's Rants



10/30/2008

Exxon Mobil Earns Another Record Profit

Filed under: Money,Politics — site admin @ 6:25 am

Exxon Mobil reports another record profit. CNN reports that it partly due to the high price of oil. It’s time to push the oil companies into heavy research mode. There are alternative methods of creating crude oil, but Exxon and its cohorts would rather sit on the profits. At a time when the stock market is melting down, people are worried about their jobs, spending less and housing is set to go into free-fall, big oil needs to be working on a way to keep our money here instead of sending it to the Middle East. This is the company that Jeff Flake wants to reduce corporate taxes for.

No Comments

No comments yet.

RSS feed for comments on this post.

Sorry, the comment form is closed at this time.

Powered by WordPress
Comments, opinions and drivel © the poster. Satire protected under Fair Use. Opinion protected under First Amendment (see: Constitution of the United States)
Nothing on this site should be construed as tax, legal, or investment advice. If you need any of those things, seek out a professional whom you can pay for such advice. Posters cannot be held liable for your failure to perform your own due diligence.