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Monday, January 30, 2006

WOW!!!!!!
THIS OUGHT TO MAKE YOU FEEL BETTER WHEN YOU GET ASSFUCKED AT THE CASH REGISTER AT YOUR LOCAL GAS STATION




Exxon Mobil reports record profits


Monday January 30, 2006

Exxon Mobil today reported record profits of $10.7bn for the fourth quarter as the world's largest oil company cashed in on high energy prices.
The result surpassed Exxon's previous record of $9.9bn (£5.6bn) in the 2005 third quarter. Oil companies made big profits last year as prices surged to record highs.
Exxon is the last of the major US oil producers to report fourth quarter earnings. Chevron, ConocoPhillips, Marathon Oil and Amerada Hess all delivered profit increases last week. Hess's earnings almost doubled, and Marathon's almost tripled. Oil companies also made big profits from their refining activities. The average US profit on refining crude oil into petrol and other fuels widened to a record of almost $11 a barrel.

Exxon Mobil's annual sales are worth more than the gross domestic products of countries such as Sweden, Taiwan and Indonesia and its cash reserve is more than enough to cover the entire foreign debt of the Philippines.

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