Here is your answer, Love Exxon
After the report came out they said thank you America/Europe/the World now shut up and keep paying what you pay at the gas pump
http://news.yahoo.com/s/ap/20060427/...ns_exxon_mobil
IRVING, Texas - Exxon Mobil Corp., the world's largest oil company, on Thursday said higher oil prices drove first-quarter profit up 7 percent from the prior year.
Net income rose to $8.4 billion, or $1.37 per share, for the January-March period from $7.86 billion, or $1.22 per share, a year ago.
Analysts polled by Thomson Financial were looking for a higher profit of $1.47 per share, and shares fell $1.20, or almost 2 percent, in premarket trading.
Revenue grew to $88.98 billion from $82.05 billion a year earlier. Higher crude oil and natural gas prices and improved marketing margins were partly offset by lower chemical margins.
Worldwide production of oil equivalent in the first quarter of 2006 rose 5 percent. <--- demand and supply in living color right here
The report comes amid consumer outcry in the U.S. about soaring gasoline prices. The average retail price of gasoline in the U.S. is now $2.91 a gallon, or 68 cents higher than a year ago.
In January, Exxon Mobil posted the highest quarterly and annual profits of any U.S. company in history: $10.71 billion for the fourth quarter of 2005 and $36.13 billion for the full year.
http://news.yahoo.com/s/ap/20060427/...ns_exxon_mobil
IRVING, Texas - Exxon Mobil Corp., the world's largest oil company, on Thursday said higher oil prices drove first-quarter profit up 7 percent from the prior year.
Net income rose to $8.4 billion, or $1.37 per share, for the January-March period from $7.86 billion, or $1.22 per share, a year ago.
Analysts polled by Thomson Financial were looking for a higher profit of $1.47 per share, and shares fell $1.20, or almost 2 percent, in premarket trading.
Revenue grew to $88.98 billion from $82.05 billion a year earlier. Higher crude oil and natural gas prices and improved marketing margins were partly offset by lower chemical margins.
Worldwide production of oil equivalent in the first quarter of 2006 rose 5 percent. <--- demand and supply in living color right here
The report comes amid consumer outcry in the U.S. about soaring gasoline prices. The average retail price of gasoline in the U.S. is now $2.91 a gallon, or 68 cents higher than a year ago.
In January, Exxon Mobil posted the highest quarterly and annual profits of any U.S. company in history: $10.71 billion for the fourth quarter of 2005 and $36.13 billion for the full year.
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if you can only race me in a straight line then whats the point
...91 SMF SCCA
...91 SMF SCCAhttp://www.flickr.com/photos/8341770@N07/5601083432/http://www.flickr.com/photos/8341770@N07/5601083432/ by http://www.flickr.com/people/8341770@N07/, on Flickr
I see people out there spending money on the car to improve it … If you spend half that effort just working on your driving skills, making you and the car work together as a team, then you’ll go faster – period. To make the car go a second faster on the track takes a lot more energy and money than making yourself drive it one second faster.
– the late Tom Thrash SCCA Solo E Production
yep, and its total boooshit, rising costs of capital(?) does NOT increase profits, and expecially not in the short run, its all their anticipation bullshit
and how much higher is crude?
and how much higher is crude?
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$100 gas rebate
new government plans, restructuring, story above
"Their plan would create a federal law banning price gouging, clarify the Transportation secretary's authority to set fuel mileage standards for passenger cars and provide incentives for construction of new oil refineries."
this is good, and what needs to happen, if it actually does happen, and not when it actually gets through, and just be nothing
"The centerpiece of the GOP plan calls for Uncle Sam to send a $100 check by Aug. 30 to taxpayers who reported adjusted gross income of up to $145,950 for single filers and $218,950 for married couples on their 2005 tax forms."
now this is bullshit, its going to cost the government how much...billions?
i'll have to pay that back plus some, its my money anyway just ower the damn price more
its a start i guess, but rebates are stupid
and all you people who say boycott one gas station, it will drive demand up on the other stations you go to, and the one you boycotted will raise prices to stay with the other ones...so it won't work
plus we lack the social structure
comments?
new government plans, restructuring, story above
"Their plan would create a federal law banning price gouging, clarify the Transportation secretary's authority to set fuel mileage standards for passenger cars and provide incentives for construction of new oil refineries."
this is good, and what needs to happen, if it actually does happen, and not when it actually gets through, and just be nothing
"The centerpiece of the GOP plan calls for Uncle Sam to send a $100 check by Aug. 30 to taxpayers who reported adjusted gross income of up to $145,950 for single filers and $218,950 for married couples on their 2005 tax forms."
now this is bullshit, its going to cost the government how much...billions?
i'll have to pay that back plus some, its my money anyway just ower the damn price more
its a start i guess, but rebates are stupid
and all you people who say boycott one gas station, it will drive demand up on the other stations you go to, and the one you boycotted will raise prices to stay with the other ones...so it won't work
plus we lack the social structure
comments?
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