January 30, 2006
-- by Dave Johnson
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. The results exceeded Wall Street expectations and Exxon shares rose nearly 3 percent on premarket trading.More on this later, but let me say now that Exxon Mobil is one of the prime corporate funders of the Republican machine.
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So the real reason gas prices are so high must be so Exon can make more money. That's the unrestricted free market for ya. In a country where everyone virtually has to own a car to survive, there's a captive market and they can charge what they damned please.
Posted by: MJ at January 30, 2006 3:57 PM
Imagine President Gore and his Family being in the Carlyle Group and evacuating the Bin Ladin Family the Week of Sept 11,2001.The Same People who brought us the Blue Dress would demand an investigation into "Big Oil" and an Impeachment of The Gore Administration.Imagine President Gore attacking a Country who his Father and the CIA
destroyed by keeping Saddam in Power than calling him a Brutal Dictator.Imagine President Gore purging the CIA of all Republicans.The list goes on.We would not know Natalie Holloway that's for sure.
Posted by: VPJEB2006 at January 31, 2006 9:01 AM
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