Monday, January 30, 2006

Exxon Mobil Posts Record Profits


Exxon Mobil Corp. posted record profits for any U.S. company on Monday — $10.71 billion for the fourth quarter and $36.13 billion for the year — as the world's biggest publicly traded oil company benefited from high oil and gas prices and demand for refined products.

Exxon's profit for the year was also the largest annual reported net income in U.S. history.

Any why are we pauing $2.50 per gallon?

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