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EXXON SHOWS RECORD PROFITS THIS YEAR

Submitted by SGP on Fri, 02/01/2008 - 14:46
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Exxon show a profit of over 40 BILLION YES BILLION DOLLARS this year.

High oil prices sure didn't hurt them in an way

http://money.aol.com/news/articles/_a/exxon-posts-record-pro...

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Last year with record

Submitted by annieo. on Fri, 02/01/2008 - 15:25.

Last year with record profits they only made 7% profit. That is way less than what Starbucks and Google make, but are you complaining about that? Exxon is a huge corporation that employs huge numbers of people around the globe. It's called capitalism. Is anyone complaining about milk being $4 a gallon when that is a renewable resource? Oil takes millions of years to be created.

Yes! My Exxon stock should go up. And I'll probably get a bigger

Submitted by 12345678 on Fri, 02/01/2008 - 15:07.

dividend. Free-market capitalism is great.

Go President Paul!

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’In accordance with the principles of double-think it does not matter if the war is not real. For when it is, victory is not possible. The war is not meant to be won, but it is meant to be continuous.’ (George Orwell, 1984)

Free-market capitalism?

Submitted by Bob W on Fri, 02/01/2008 - 15:21.

What planet are you living on? Oil co's are a monopoly. When a country wants to open the valve which would result in lower oil prices everywhere, our country finds a reason to attack them and shut the oil supply down. There is no oil shortage.........never has been. And if you invent something to take the place of oil as an energy, make sure you have numerous guards around you 24 hours a day.

And if you think the oil companies are making big profits from oil, then just take a look at the ones that broker the oil.

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Bob W., Naples, FL

This Explains Those Profits

Submitted by JerryB9105 on Fri, 02/01/2008 - 15:06.

Vote RON PAUL 2008
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Assume The Position
http://timfasano.typepad.com/my_weblog/images/gassign.jpg

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Vote RON PAUL 2008

Are you trying to bash big

Submitted by fossten on Fri, 02/01/2008 - 14:51.

Are you trying to bash big oil? Sorry, that kind of talk leaves me cold. Big oil provides a product that we as a world population could not do without. Just imagine life if big oil decided that people like you were right about them being evil and they should just pack up and close down.

If you want to get mad, vent your frustrations at big government, which heavily taxes oil and gas and pretty much screws up anything it tries. Leave industry alone. Free markets even with their problems are far better than runaway big governments.

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We are fast approaching the stage of the ultimate inversion: the stage where the government is free to do anything it pleases, while the citizens may act only by permission; which is the stage of the darkest periods of human history, the stage of rule by

Sorry, those oil robber barons get no love from me

Submitted by JKap on Fri, 02/01/2008 - 14:58.

Those big oil profits are subsidized by the welfare/warfare state. Is that what you call the free market?

Sorry, those oil robber barons get no love from me, especially when they collude to artificially fix the price of oil to maximize their bloated profits.

"Those who make peaceful revolution impossible will make violent revolution inevitable." -John F. Kennedy

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"...a nation that is afraid to let its people judge the truth and falsehood in an open market is a nation that is afraid of its people." -John F. Kennedy

Oil is probably the most efficiently produced commodity on earth

Submitted by supporter on Fri, 02/01/2008 - 15:14.

You should spend the time to actually looking at Oil's supply chain and analize where the costs occur. It's not as ugly as you think.

Importing oil or any consumable is great money

Submitted by Sacramento_Jeff on Fri, 02/01/2008 - 14:48.

The value of the dollar drops price of imports go up.