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Exxon Posts $8.4B Quarterly Profit
As gas prices continue to soar, the world’s largest oil company has once again announced record-breaking profits. On Thursday, Exxon Mobil reported a quarterly profit of $8.4 billion dollars -- the fifth-highest quarterly total for any public company in history. In January, Exxon posted profits of almost $11 billion dollars, which stands as the highest quarterly profit of any company ever.

Date: 2006-05-09 10:12 pm (UTC)
From: [identity profile] gwythaint.livejournal.com
This news about ExxonMobil's profits sounds promising.
Just maybe, just maybe, high oil prices will create economic justifications for developing alternative energy sources and fuel efficient vehicles.

money costs too much

Date: 2006-05-09 10:32 pm (UTC)
From: [identity profile] yes-justice.livejournal.com
Perhaps. Perhaps they'll do it before global warming wipes too much more of their infrastructure off the face of the earth.

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John Kevin Fabiani

March 2016

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