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Why should we the taxpayers fund another 6.8 billion

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samplegirl Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jan-11-07 11:08 AM
Original message
Why should we the taxpayers fund another 6.8 billion
would someone please ask this question. While Exxon Mobil made
record breaking profits.

By Joe Benton
ConsumerAffairs.Com

July 27, 2006
• Latest Gas Price Round-Up
• Warm Weather Could Benefit Consumers At The Pump
• GM Exec Slams Higher Mileage Standards
• Gas Prices End the Year Up 15 Cents
• "Hot Fuel" Bilks Consumers, Lawsuit Charges
• New Mileage Estimates to Hit Window Stickers
• Consumers Still Looking for Better Gas Mileage
• Post-Election Gas Prices on the Rise
• Gasoline Price Drop Stalls
• Oil Giant Produces Gigantic Profit
• OPEC Cutback May End U.S. Gas Price Slide
• Oil Production Up, Gas Prices Down
• OPEC Seeks To Tighten Oil Supplies, Stop Price Slide
• J.D. Power: Consumers Rejecting Vehicles with Poor Gas Mileage
• Gas Price Fall Aids Republicans
• Gas Price Conspiracy Theories "Absurd," Pundit Argues
• More ...

Exxon Mobil has made more than $20 billion in profits in just six months. The world's largest publicly traded company reported a near-record quarterly profit of $10.36 billion on top of the record $10.7 billion quarterly profit the oil company reported three months ago.

The enormous profit surprised even Wall Street as analysts there were expecting $9.9 billion from Exxon Mobil.

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Selatius Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jan-11-07 11:17 AM
Response to Original message
1. Hey, they're a for-profit company. Of course they're going to charge as high as the market can stand
The term "for-profit" is apt.
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LiberalEsto Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jan-11-07 11:38 AM
Response to Original message
2. It's ExxonMobil's f*cking war
They should pay for it.
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