Exxon Mobile - A company with You on their mind
By expat brian
Yeah, they have you on their minds allright. Or I should say your money. While you're struggling to pay $4.00 a gallon to get to your lousy job, they're doing just a little bit better. In fact, in the one minute that it takes you to read this post, Exxon Mobile is going to make over $91,000 in profit. That's about $5,400,000 net profit per hour. In fact again, thier profits for the last quarter are more than any company, in any industry has ever made for a quarter in history!
I don't buy gas because I don't drive. And I feel for those of you do. I really don't see how you do it. I don't. But Exxon Mobile does. They knew they could squeeze a little more out of you before you rebelled or went bankrupt. They love you - every time you have to drive to the pumps.
Sometimes you're the windshield and sometimes you're the bug. Seems you're always the bug these days.
Yeah, they have you on their minds allright. Or I should say your money. While you're struggling to pay $4.00 a gallon to get to your lousy job, they're doing just a little bit better. In fact, in the one minute that it takes you to read this post, Exxon Mobile is going to make over $91,000 in profit. That's about $5,400,000 net profit per hour. In fact again, thier profits for the last quarter are more than any company, in any industry has ever made for a quarter in history!
I don't buy gas because I don't drive. And I feel for those of you do. I really don't see how you do it. I don't. But Exxon Mobile does. They knew they could squeeze a little more out of you before you rebelled or went bankrupt. They love you - every time you have to drive to the pumps.
Sometimes you're the windshield and sometimes you're the bug. Seems you're always the bug these days.
Labels: Oil prices
posted by Libby Spencer at 6:48 AM
1 Comments:
Looking at the actual numbers: due to the excessively high taxes the government levies on Exxon/Mobile, the government made more than 3 times as much profit on Exxon operation than Exxon did.
The actual percentage Exxon makes is about 10% of revenue.... and that is typical, not unusual or excessive.
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