Pigs at the trough
The following news story disturbs me in a vareity of ways. It also angers me to such a degree that I'm at a loss for words. All I can do is participate in the democratic process and hope to facilitate change.
NEW YORK (Reuters) - Exxon Mobil Corp. (XOM), the world's largest publicly traded oil company, reported a quarterly profit of $10.7 billion on Monday, rounding out the most profitable year in U.S. corporate history.
The results pushed up Exxon's profit for the year to a staggering $36.13 billion -- bigger than the economies of 125 of the 184 countries ranked by the World Bank. Profit rose 42 percent from 2004, largely due to soaring oil and gas prices.
NEW YORK (Reuters) - Exxon Mobil Corp. (XOM), the world's largest publicly traded oil company, reported a quarterly profit of $10.7 billion on Monday, rounding out the most profitable year in U.S. corporate history.
The results pushed up Exxon's profit for the year to a staggering $36.13 billion -- bigger than the economies of 125 of the 184 countries ranked by the World Bank. Profit rose 42 percent from 2004, largely due to soaring oil and gas prices.
posted by Phil Maxted at
10:08 PM
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