Exxon Mobil earns $1,318 a second in profits

At least according to this report they do..

NEW YORK (CNNMoney.com) -- Profits at Exxon Mobil surged 36 percent to a near record $10.4 billion in the second quarter as surging oil prices helped the world's largest publicly traded company soundly beat Wall Street forecasts.

The company's profit - which amounts to a cool $1,318 a second - is the second biggest ever reported by a U.S. company, behind only the $10.7 billion Exxon itself earned in the fourth quarter of 2005.

Soruce Link

Bah, it's only money.. we gotta drive. Right?

War and violence in the Middle East= $$$$$$$$$$$$

You can almost hear them laughing all the way to the bank, with our hard earned money.



[edit on 27-7-2006 by UM_Gazz]

and u wonder what incentive do the these oil cartels have in changing anything to reduce their ever increasing profits.

Paragraph 11 of that article states that "oil prices fluctuate widely over time and that, in the long run, it's actually less profitable than a number of other industries."

It's just very interesting that they are stating that at a time when they are receiving record profits.