Thursday, July 31, 2008

Exxon earns record profits



It was reported today that oil company Exxon has made the biggest quarterly profit of any US corporation. They reported $11.60 billion dollars in profit for the last quarter, on revenue of $138 billion dollars. Although this was lower than what analysts expected, it's still a significant benchmark. I'm sure everyone loves seeing them get filthy rich while the average consumer is getting ROBBED at the pump and struggling with the rising costs. Alternative energy needs a big boost and should be a major focus of the global leaders.

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