News flash: Amid a surge of gas prices, the oil giant Exxon Mobil Corp. announced quarterly profits of over 8 billion, making it the 5th highest quarterly profit ever recorded in US and world history...
Sadly, in spite of these news Exxon Mobil's shares dropped 1% because investors and stock holders were expecting higher profits. Uhh, yeah, 8 billion and the 5th highest quarterly profit in history are clearly not enough.
And their simple solution to the problem? Keep ripping off the rest of the world and increase gas prices even more. After all, they gotta make up for the $800 million they recently gave away to outgoing Exxon chair as a retirement package.
The world is such a crazy place.
at April 27, 2006 9:49 PM