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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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