Stock tip for the day (emphases--sp?--are mine):
ExxonMobil announces second quarter 2005 earnings:
Exxon Mobil Corporation (NYSE:XOM) today reported record second quarter results. Earnings excluding special items of $7,840 million ($1.23 per share) increased $2,050 million from the second quarter of 2004. Second quarter net income included a special charge of $200 million for the Allapattah lawsuit provision. Including this charge, net income of $7,640 million ($1.20 per share) increased by $1,850 million. Record first half net income of $15,500 million ($2.42 per share) increased by 38% versus the first half of 2004.
No shit? How did they make all that money, considering, um…that refinery that blew up, that tanker that rolled over on I-74, the war in Iraq, it rained last Monday and Bob didn’t make it to work, etc., etc…
And now, a snippet from a feature about gasoline pricing posted on the ExxonMobil website:
As a country, we need to advance policies and initiatives that support the underlying economic fundamentals that lead to a balanced marketplace. This includes support for access to areas that will allow the U.S. to increase domestic crude production, and focused efforts to reduce the complexities and limitations that are creeping into our refinery and logistics systems due to the proliferation of specialty fuels.
In other words: Get these campers out of the way; We're closing Mount Rushmore 'cause we need to jam a drill straight through Lincoln’s right eyeball. People are always happy to whine about gas prices and the destruction of the environment, but no one’s out there lobbying congress to put an end to the high costs that poor ExxonMobil has to pay to produce a few gallons of low-sulfur diesel that some hippie in Texas (What? Someone in TEXAS is making ExxonMobil produce low-emission fuel??) says they gotta produce…
ExxonMobil announces second quarter 2005 earnings:
Exxon Mobil Corporation (NYSE:XOM) today reported record second quarter results. Earnings excluding special items of $7,840 million ($1.23 per share) increased $2,050 million from the second quarter of 2004. Second quarter net income included a special charge of $200 million for the Allapattah lawsuit provision. Including this charge, net income of $7,640 million ($1.20 per share) increased by $1,850 million. Record first half net income of $15,500 million ($2.42 per share) increased by 38% versus the first half of 2004.
No shit? How did they make all that money, considering, um…that refinery that blew up, that tanker that rolled over on I-74, the war in Iraq, it rained last Monday and Bob didn’t make it to work, etc., etc…
And now, a snippet from a feature about gasoline pricing posted on the ExxonMobil website:
As a country, we need to advance policies and initiatives that support the underlying economic fundamentals that lead to a balanced marketplace. This includes support for access to areas that will allow the U.S. to increase domestic crude production, and focused efforts to reduce the complexities and limitations that are creeping into our refinery and logistics systems due to the proliferation of specialty fuels.
In other words: Get these campers out of the way; We're closing Mount Rushmore 'cause we need to jam a drill straight through Lincoln’s right eyeball. People are always happy to whine about gas prices and the destruction of the environment, but no one’s out there lobbying congress to put an end to the high costs that poor ExxonMobil has to pay to produce a few gallons of low-sulfur diesel that some hippie in Texas (What? Someone in TEXAS is making ExxonMobil produce low-emission fuel??) says they gotta produce…
You're concerned about gas prices? Try "walking a mile" in an ExxonMobil executive's shoes some time.
posted by Woof at 10:41 PM
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