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Exxon Mobile Earnings

At the same time when Exxon Mobile is asking to be relieved of their $5 billion in damages for the 1989 Valdez oil spill, they just recorded the highest quarterly profit ever for a public company. Remember how it was supposed to be a bad quarter because of those pesky little hurricanes? Apparently, price gouging paid off. Check out those numbers:

$116 Million Per Day
$4.9 Million Per Hour
$1,347.37 Per Second

I wish I could make that kinda cash. Of course, I don’t wish that I was an unjust self-centered corporation. Check out for more info. (via ThinkProgress)

One Comment

    • J-Love
    • Posted January 30, 2006 at 6:06 pm
    • Permalink

    Sure, sure, some would say that Exxon was “stealing” from the American public. But you saw how the hurricane devistated the country! The executives of Exxon were simply taking what they needed to feed their families….. if you call that gouging, then you are just heartless. And unlike the stranded citizens of New Orleans – who were heartlessly and needlessly looting when plenty of relief materials were available from FEMA and the Red Cross immediately after Katrina – the Exxon executives didn’t leave such a mess up and down Burbon Street. I mean, how else do you expect them to pay for their children’s Ivy League educations and million dollar golf outings? And that oil spill was really just a big misunderstanding.
    Really, Juicio. You’ve gone TOO FAR this time.

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