Thursday, July 27, 2006
Thank God They're Doing Okay...In these hard times we face around the country and across the globe, it's good to know that those who are less fortunate are thriving.
Blessed are the gas-makers, for they shall inherit the cayshe...Exxon Mobil Corp. said Thursday it earned $10.36 billion in the second quarter, the second largest quarterly profit ever recorded by a publicly traded U.S. company.
The earnings figure was 36 percent above the profit it reported a year ago. High oil prices helped boost the company's revenue by 12 percent to a level just short of a quarterly record.Exxon Mobil's report comes a day after another large U.S. oil company, ConocoPhillips, said it earned more than $5 billion in the quarter and at a time when many drivers in the U.S. are paying $3 for a gallon of gas — increasing the likelihood of further political backlash in Washington.
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