Friday, May 2, 2008

Exxon's Gusher

Take a big swallow, Americans!!!

"It's a gusher for Exxon Mobil"

"Exxon Mobil Corp., the world's largest publicly traded oil company, said record crude prices helped its first-quarter profit climb 17 percent to $10.9 billion - the second-biggest US quarterly corporate profit ever.

But results still fell short of Wall Street's lofty forecasts, and Exxon Mobil shares fell.... at $10.9 billion, the profit still ranks as the second-biggest for a US company - the only larger result in a three-month period was the $11.7 billion Exxon Mobil posted in the final three months of 2007."

I'll bet $10.9 BILLION in quarterly profits would disappoint you, too, hunh, 'murkn?