Thursday, April 27, 2006

Big Oil Profits

What's with the timing of all of this price gouging talk? Exxon Mobil just announced their 1st Quarter earnings, and although their revenues were up (due to higher oil prices), their margins were down. So, in non-business speak, Exxon made around 9.6 cents for every dollar sold in the 1st Qtr last year, and is now only making around 9.4 cents per dollar sold.

Damn big oil...they just keep trying to screw us over...

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