While gas prices are high and oil companies are wailing about supply issues and Katrina and war in the middle east…Exxon Mobil has just reported a quarterly profit of $10.71 billion. That’s not revenue, that’s profit.
And to put it in perspective — it’s the highest quarterly profit ever reported by any publicly-held U.S. company. Ever. Not just the highest profit for Exxon Mobil, the highest profit any public U.S. company has ever reported.
More than Microsoft. More than Wal-Mart.
Are we being gouged at the pumps? You be the judge.