deathby1000papercuts.com— California alone raked in an extra $8 billion dollars in tax revenue because of high gas prices--4 times what the oil companies made.
Mar 25, 2008View in Crawl 4
Wrong. Exxon Mobil ALONE made 5x that much in 2007 in profits."Exxon broke the record it previously had set for profits by a U.S. corporation, earning $40.6 billion last year. It earned $11.7 billion in the fourth quarter, or $2.13 a share, up 14 percent from the fourth quarter of 2006. Revenue for the quarter rose 30 percent, to $116.64 billion. Exxon's profit for the year came to $4.6 million an hour."<a class="user" href="http://www.washingtonpost.com/wp-dyn/content/article/2007/02/01/AR2007020100714.html">http://www.washingtonpost.com/wp-dyn/content/artic ...</a>
Oops. Someone must've accidently dugg down my correction (see above).Just pointing out that this is utterly inaccurate. Exxon Mobil ALONE made over $40 billion in profits in 2007.
Closed AccountMar 25, 2008
Wrong. Exxon Mobil ALONE made 5x that much in 2007 in profits."Exxon broke the record it previously had set for profits by a U.S. corporation, earning $40.6 billion last year. It earned $11.7 billion in the fourth quarter, or $2.13 a share, up 14 percent from the fourth quarter of 2006. Revenue for the quarter rose 30 percent, to $116.64 billion. Exxon's profit for the year came to $4.6 million an hour."<a class="user" href="http://www.washingtonpost.com/wp-dyn/content/article/2007/02/01/AR2007020100714.html">http://www.washingtonpost.com/wp-dyn/content/artic ...</a>
Closed AccountMar 25, 2008
Oops. Someone must've accidently dugg down my correction (see above).Just pointing out that this is utterly inaccurate. Exxon Mobil ALONE made over $40 billion in profits in 2007.