http://www.breitbart.com/news/2007/02/01/D8N0VRD80.html



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40 billion..... sick

What's a fair profit for 1 of the largest companies in the world? I read that their profit % is in line with many other industries - does anyone know how the oil industry ranks?

Exxon Mobil reports $39.5B annual profit
The oil giant today posted the largest annual profit by a U.S. company -- $39.5 billion -- even as earnings for the last quarter of 2006 declined 4 percent. (AP) :af: :af: :af:

WTF!!!!!!!!!!

Not sure PaulS but I think 40billion is a crapload of money in the bank.

Not sure PaulS but I think 40billion is a crapload of money in the bank.

It certainly is a crapload of $. But I thought I read that the oil industries profit % (I guess of sales) is in line (or even less than) many other industries. I'm more concerned with out of line profits.

I think I just repeated myself

and the best part is the federal subsidies they recieve from congress. but i guess that when you spend 60,000,000 in lobiests a year, you should get something from you bought polititian

Because of the price of oil the industry has posted record profits. And they said the increase was because the cost of product to them and they were having a bad time raising the prices.
I still want to drag Cheney to the bar and torture him to tell us what his energy policy really was. OH -- :rocketem: maybe it was to go to Iraq and start a war? :rocketem:

That beats what I have saved for retirement!

#^&#^&#^&#^&#^&#^&#^&#^&#^&#^&#^&, interesting you said ---in the BANK----. what Country is the bank in?????? dought if it's U.S.
GOOD LUCK GOOD PLUGGIN:cool: