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« Monday « January 31, 2005
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Record oil prices spur Exxon Mobil profit higher
(Money/CNN)
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Exxon Mobil Corp., the world's largest publicly traded oil company, said Monday quarterly profit rose, driven by lofty crude oil and natural gas prices...net income in the fourth quarter rose to $8.42 billion.Let's see how my simple mind works: a war breaks out based on unconfirmed conclusions. As a result of this war, oil prices soar to record heights. A small cabal of oil businessmen profit wildly. Hmmm. They were right when they said it's not about the oil. It's all about the benjamins. A whole lot of benjamins.
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