Exxon is kinda sorry it made $11B this quarter
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Exxon is kinda sorry it made $11B this quarter
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04-29-2011 02:57 PM#1
HerculesAlpha Mule
Posts: 74Joined: Feb 2011
Exxon is kinda sorry it made $11B this quarter
NEW YORK — Exxon made almost $11 billion and practically apologized for it.

Sensing public outrage over gasoline prices that have topped $4 in some states, the company struck a defensive posture Thursday after posting some of its best quarterly financial results ever.

Exxon said it had no control over high oil prices. It said it's one of the biggest taxpayers in the United States. It cast federal subsidies as "legitimate tax provisions" that keep jobs at home, and cast itself as a victim of Washington scapegoating.

Link

They're kidding wtf2.gif Sorry my ass. rofl.gif
04-29-2011 03:02 PM#2
JayRodneyⓐⓛⓘⓔⓝ
Posts: 30,620Joined: Feb 2011
RE: Exxon is kinda sorry it made $11B this quarter
İmage

Yup, I'd be sorry if I pulled down 11 billion for one year and paid no taxes on it. beerbong.gif I need a beer after that.

wonder.gif
04-29-2011 03:20 PM#3
OctoMother Superior
Posts: 42,271Joined: Feb 2011
RE: Exxon is kinda sorry it made $11B this quarter
Quote:Shell sparked anger last night after it announced profits of nearly £50million a day ($83.4 million) as motorists are hammered at the petrol pump.

BP announced yesterday that its profits fell 2 per cent to 5.48 billion US dollars (£3.32 billion).

Read more: http://www.dailymail.co.uk/news/article-...gress.html

only 5.48 billion profit sad2.gif How will they manage?
04-29-2011 03:35 PM#4
HerculesAlpha Mule
Posts: 74Joined: Feb 2011
RE: Exxon is kinda sorry it made $11B this quarter
Doesn't that just break your heart? rofl.gif
04-29-2011 04:14 PM#5
KreeperGriobhtha
Posts: 9,563Joined: Feb 2011
RE: Exxon is kinda sorry it made $11B this quarter
(04-29-2011 03:02 PM)JayRodney Wrote:  İmage

Yup, I'd be sorry if I pulled down 11 billion for one year and paid no taxes on it. beerbong.gif I need a beer after that.

No, man, not a year. THREE MONTHS! gaah.gif

Who told them they couldn't lower the price of gas at their own stations?

İmage
Did you come here to play Jesus to all the lepers in your head?
04-29-2011 06:37 PM#6
yankeesskier
Posts: 6,198Joined: Feb 2011
RE: Exxon is kinda sorry it made $11B this quarter
gaah.gif

Biere.
04-29-2011 07:08 PM#7
Tacolover IIMember
Posts: 443Joined: Feb 2011
RE: Exxon is kinda sorry it made $11B this quarter
"BP announced yesterday that its profits fell 2 per cent to 5.48 billion US dollars (£3.32 billion)."

Not trying to sound like the devils advocate here but BP's profit includes billions of dollars worth of properties they sold off.

ExxonMobil is claiming the majority of their high profits is from their global chemicals division and refining not gasoline sales. However my father worked for Big Oil all his life and always maintained the pencil pushers "cook the books" and can make profits/losses appear as anything they want to. They retired him early to lower his pension after spending most his life working for them.

Another reason I dislike Big Oil contrary to beliefs... gaah.gif
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