Comments on: Exxon Mobil Posts Highest US Corporate Profit Ever at $9.9B http://twistedsideways.net/2005/10/27/exxon-mobil-posts-highest-us-corporate-profit-ever-at-99b/ Tue, 31 Aug 2010 07:41:01 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: seth http://twistedsideways.net/2005/10/27/exxon-mobil-posts-highest-us-corporate-profit-ever-at-99b/comment-page-1/#comment-9 seth Fri, 28 Oct 2005 13:33:25 +0000 http://twistedsideways.net/2005/10/27/exxon-mobil-posts-highest-us-corporate-profit-ever-at-99b/#comment-9 It's because Congress and the President gave them (oil companies) $15 Billion in tax exemptions back in August with no incentives to bring down oil prices.<br/><br/>And that was before the hurricane hit.<br/><br/>I wrote about it in late August - 'A Different Social Order' - yeah, it's a pocket pincher.<br/><br/>What's interesting is that in Europe they're used to paying up to $6+ /gallon, and more than us in pretty much every other country. Can't even imagine. Except they have much better and more universally used public transportation than we do here. It’s because Congress and the President gave them (oil companies) $15 Billion in tax exemptions back in August with no incentives to bring down oil prices.

And that was before the hurricane hit.

I wrote about it in late August – ‘A Different Social Order’ – yeah, it’s a pocket pincher.

What’s interesting is that in Europe they’re used to paying up to $6+ /gallon, and more than us in pretty much every other country. Can’t even imagine. Except they have much better and more universally used public transportation than we do here.

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