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Exxon Mobil posts record $45.2 billion prof

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Old Jan 30, 2009 | 07:48 AM
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Exxon Mobil posts record $45.2 billion prof

Exxon Mobil posts record $45.2 billion profit - Earnings- msnbc.com


Awesome!!!!!! Glad to see one company is doing well out there






 
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Old Jan 30, 2009 | 08:11 AM
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I wish that my quarterly losses were dwon and I still could turn a profit like that.
 
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Old Jan 30, 2009 | 08:14 AM
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down 33% in the 4th...............most co's would love to just break even for the year, if they lost 33% in the 4th.

im no nobel prize winner or anything, but it seems pretty strange to me
 
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Old Jan 30, 2009 | 10:24 AM
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I bet some of the firearms and ammo manufacturers are doing great as well.
 
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Old Jan 30, 2009 | 10:31 AM
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lol, sad but true. 2 profitable co's out there. one an oil co, whos profits have been proving to have come from price gouging. and the other co's successfullness has come from a crazy **** president and his ideologies on guns/right to bear our f-in arms
 
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Old Jan 30, 2009 | 10:35 AM
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Are they gouging? Prices have been down fo awhile now.
 
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Old Jan 30, 2009 | 10:37 AM
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Didn't I just read the other day that Shell lost $18 billion or so?

Okay, so Exxon/Mobil made a profit of a staggering number of dollars....what was the profit stated as a percentage of revenue? That is the number that matters.
 
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Old Jan 30, 2009 | 11:35 AM
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I don't care as long as gas stays below $2 a gallon!! LOL
 
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Old Jan 30, 2009 | 12:31 PM
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Originally Posted by jsutton
I don't care as long as gas stays below $2 a gallon!! LOL
I agree. If Exxon/Mobil can make $45B in this economy with gas at prices like they are, then good for them.

The funny thing is, if gas had come down to $3 a gallon and held there, people would be happy that it isn't four bucks+ anymore. When the price shot up, it was gouging....I guess now that the price dropped at an exponential rate then the oil companies must be dumping? Trying to get us all to go out and buy big SUV's again?
 
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Old Jan 30, 2009 | 12:40 PM
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Originally Posted by Nitramjr
I agree. If Exxon/Mobil can make $45B in this economy with gas at prices like they are, then good for them.
They're still riding that $150 barrel of oil wave from the early-mid summer. Remember gas prices only just started dropping back in what October-ish? Prior to that it had been $3 a gallon or higher for pretty much the whole year.
 
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Old Jan 30, 2009 | 01:10 PM
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Yea I remember, I never thought gas would be back below $3 a gallon again. I think that $150 a barrel of oil played a part in the recession we are in now, as a trickle effect of people not buying stuff because they had to pay for gas. That's just part of my feeling I'm not trying to start anything political and get the thread locked!
 
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Old Jan 30, 2009 | 01:20 PM
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oil per barrel has been steadily falling for 2 weeks anow, but goas has risen 25 cents or so in that time frame...were almost close to 2 bucks again and its only january
 
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Old Jan 30, 2009 | 01:22 PM
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Originally Posted by freirefishing
oil per barrel has been steadily falling for 2 weeks anow, but goas has risen 25 cents or so in that time frame...were almost close to 2 bucks again and its only january
I noticed that too here. It went up .10 to $1.79 from this morning to just now at lunch at the Chevron by my house.
 
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Old Jan 30, 2009 | 01:26 PM
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Supplyl vs demand!

They're starting to make big cuts in the supply....only a matter of time.
 
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Old Jan 30, 2009 | 01:32 PM
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Shell lost right around 6 billion last quarter but of course no one wants to bring that up.

As I have said time and time again NO ONE is making you buy this "gouged" gas. Saying they have been price gouging doesn't make it true. I guess it is just convenient to take the populist view and claim everyone is out to get you though.
 
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