In another development, Marathon Oil profits surged 91%. Something is wrong with this picture.
Posted by fitzage on 07/28 at 08:07 AM
Exxon Mobil profit up on oil price surge
Exxon Mobil profit up on oil price surge
Exxon Mobil profit up on oil price surge: “NEW YORK (Reuters) - Exxon Mobil Corp., the world’s largest publicly traded oil company, posted a 32 percent rise in quarterly profit on Thursday, turning in a slightly better-than-expected performance on the back of the relentless surge in crude oil prices.”
I read elsewhere that BP also made a rather large surge in profits. This just goes to show that, no matter how much they blame oil prices for the high gas prices, that’s not all there is to it.(Via Business News)
Posted by fitzage on 07/28 at 07:07 AM • Miscellany
Comments
What’s with you and all the business news? It’s very unbecoming, unlike my purple suit.
Posted by on 07/28 at 09:07 AM
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