About the same size, they are:
"Exxon Mobil earns $40.6b; Chevron also posts record '07 profit as critic calls for repeal of tax breaks" by Associated Press | February 2, 2008
HOUSTON - Suppose Exxon Mobil decided to return the favor and buy you a tank of gas. Then again, why stop there? The oil giant turned a profit last year fat enough to buy a fill-up for every car, truck and SUV in America - four times.
Beating its own record to rack up the largest annual corporate profit in American history, Exxon Mobil Corp. said yesterday it earned $40.6 billion for the year, reaping the benefits of crude oil prices around $100 a barrel.
Exxon Mobil also topped its own record for profit in a single quarter, posting net income of $11.7 billion for the final three months of the year - about $1 billion more than the same period in 2005, the previous quarterly record.
The annual profit was enough, at $3 a gallon, to buy nearly four 15-gallon fill-ups for the roughly 243 million registered passenger vehicles on American roads.
And the quarterly profit alone is about the same as the size of the entire economy of Iceland or Namibia. The previous record for annual profit was $39.5 billion, posted by Exxon Mobil in 2006.
Chevron Corp., number two behind Exxon Mobil among US oil companies, also had its best year ever in 2007, saying yesterday it banked a profit of $18.7 billion.
The results were eye-popping but not a total surprise: For most of the fourth quarter, oil prices hovered around $90 a barrel, 50 percent higher than a year earlier. Crude reached a record high of $100.09 on Jan. 3 but has fallen about 10 percent since.
Revenue at Exxon Mobil rose 30 percent in the fourth quarter to $116.6 billion from $90 billion a year ago. For the year, sales rose to $404.5 billion - a figure just slightly lower than the US Defense Department's fiscal 2007 budget.
Exxon Mobil, which produces 3 percent of the world's oil, pegged high commodity prices as the driver for its results but also cited its far-reaching businesses.
But at a time when many fear the US economy is sliding into a recession - or is in one already - not everyone was applauding the results. With the economy weakening and the prospect of $4-a-gallon gas looming for spring and summer, the hefty oil profits immediately renewed charges that big oil was profiting at the expense of most Americans."
Really?
I didn't see or hear of that on the MSM shitspew news.
Huh.
