Exxon Mobil reports $11,000,000,000.00 in quarterly profits

How many of those zero's were made selling oil to foreign countries? Are they getting American tax breaks? International business is one thing, but our tax dollars is another.

We are a great country. They are lucky to be doing business in America. If not, why not? Has our country been ruined so badly that we have to bribe companies to be here? It's time Americans go back to thinking about American Industry. Americans should get some benefit from the massive debt we now hold. Companies have made record profits. We have record debt. We didn’t even earn tax dollars from many of the corporations that have earned record profit. which has come at our expense.

Stand up! Start thinking about products that can be made in America and entice investing in America, not paying companies with our tax dollars for investing abroad. Our tax breaks should go to companies that are willing to providing us jobs, hope and futures. Not corporations who have no concerns about Americas hopes and dreams. We are only $$$$$'s in their eyes. We can change how we spend our $'s. 'The many' should not be able to hurt 'the few' with reckless abandon. We need accountability and action! Vote for the candidates who offer plans for accountability and action. Real answers to real questions. No spinning by either candidate!

Well no wonder they need subsidies and loopholes, can you imagine the taxes on $11,000,000,000.00 / quarterly?

Tax their fat asses and roll back gas prices, fund the withdrawal from Iraq, subsidize the VA and buy back the country from China.

This is exactly what i have been saying ever since our gas prices started going up. The oil companies are raping us at the pumps, regardless of the price of crude. Gas could still be at 2.00 a gallon but filthy greedy fat bastards are lining their pockets on our hard earned green. thats why i walk and ride my bike as much as possible because i hate putting gas in my car knowing where the money is going (and no i don't give a damn about emissions)

i'm about ready to go kidnap and torture the little bastards into lowering gas prices (disclaimer: not literally, for lawsuit purposes)

Alternative Fuels for the People!

I heard Bush might drop Gasoline and Oil taxes temporarily to lower the price of gas over the summer and help consumers...Gee, thanks. That's the least he could do.

It goes to show why the oil companies like putting the screws to the public, PROFIT, THAT IS WHY!
The poor people are getting poorer and it is going to get worst..

P.S. I'm riding my bike today, are you?

Where does this money go? Asshole's pockets. Not fair. They are so used to dealing with these numbers, they could not settle for less.

I heard that if we ALL didnt buy gas for one day of the week the price would drop close to a $1.50.

I'm driving sooooo much lessss - so as not to support them - well, that and global warming.

If they report $11B for one quarter, do you realize how much they have written off??

You see, if they've claimed $11B, the real number is much, much, much, much, much, much bigger, grander, mucho more!

In addition, after all the bribes are paid off in Washington, and they still earned tooooo much to hide all of it, and had to claim, poor them, $11 Billion dollars.

I drive as little as possible. I don't use plastic bags except when absolutely necessary, I don't support corporate coffee's (Starbuck is the only one near me) wasteful ways, I eat organic as much as possible.

Vote with your dollars - you have much more power than you think! Use it. DO something!

You see, if they've claimed $11B, the real number is much, much, much, much, much, much bigger, grander, mucho more! -- GOOD POINT!

Purchase wisely with your dollars. Sponsors of mainstream media are the problem. They are paying for news we get. They would choose profit over spin, if we forced them too. They control what we watch and hear from mainstream media. It's as though they all get the same memo of talking points. Wouldn't that be considered a 'monopoly'?

Money should talk, spin should walk. If we had trustworthy media, we would not be in the predicament we are in today.

Way to go America! It so great to live in a country with a bunch of cowards and lemmings. I love it how the ignorant Right -wingers keep pissing away their freedoms and their rights. It validates all my beliefs and means I can keep telling them, "I told you so," year after year.

what the deuce are you talking about...

Why does anyone buy gas from Exxon. Consumers need to buy gas from companies that only sell american oil like Sunoco.

So true, CP, and Eldamon, I agree... but also the Saudi's own quite a large chunk of us!

Poor bastards, how will they ever survive?

Dude, can i borrow a billion? I'll hit back when I get paid promise.

I'm switching to an SOV vehicle this year. My Mercedes is gonna rock!

Its things like this that make me curious why I am still paying so much at the pump...

This is pretty evident that the BAD GUYS are not only those countries in the middle east that seems to take pleasure in gouging the small consumer --but our own country seems to be jumping on the band wagon to screw us even more! Its time that WE control the oil not the other way around.

Exxon: Redefining Highway Robbery... One Gallon At A Time.

^^Thought it might be time to change that slogan they currently have for something a little more appropriate.

lifestudentno83

You're right, it is highway robbery. Good comment!

Exxon: Redefining Highway Robbery... One Gallon At A Time.

skate!

absolutely sickening. legal crooks.

Exxon Mobil is able to bring a gallon of gas to the pump with such efficiency in production that, despite the barrel price for crude, they are realizing profits of this magnitude.
In June of 2005 the price of gas was about $2 a gallon and the price of oil was about $60 /barrel. Now gas is an average of about $3.5 and oil is about $112. With these numbers, in June 05, a gallon of gas was .033 of a barrel of oil. In 2008 it is .031. The dollar and a half gas increase is a .75 jump wheras the oil price is a .86 jump. I don't have any numbers for how much demand has risen but we have not drilled or built refineries in this country in years.
If a company is this efficient but demand is not curbed how is it the companys fault and why are they making too much money? How much is too much? Who determines this? If you are self employed what is the limit on your prices so that your consumers can feel like you are being "fair"? Between the state and federal gas taxes the governments are making more than the gas companies. Should we talk about that too?
This is not a defense of high prices but perhaps we should look at EVERYTHING rather than campaign for government confiscation of the prifits of private corporations.

Paratus,
If the government confiscates the profits, it means we are still paying a high price, just letting someone else have a share. I don't want anyone (government or private) to make money on the backs of hard working Americans. Lower prices would benefit us, not a different thief. I DON’T WANT THE GOVERNMENT TO CONFISCATE THEIR PROFITS, I WANT THE GOVERNMENT TO CONFISCATE THEIR TAX BREAKS!!!!

Your reference the prices in 2005 as though the price in 2005 were not obscene? The price of gas in 2005 was no less obscene then than it is now. Gas prices were hurting ordinary Americans in 2005. I’m not campaigning for government confiscation of the profit of private corporations. I’m campaigning for Americans to SHAME these individuals from making record profits on the backs of ordinary Americans! Their profit is at our expense! .

When should there be SHAME for PRICE GOUGING ordinary Americans by private companies, just because they can? TODAY! WE SHOULD BE SCREAMING! ENOUGH IS ENOUGH!

If a company is running that efficiently WHY SHOULD THEY GET TAX BREAKS? WHY SHOULD THEY BE ABLE TO HARM THE ENVIRONMENT DUE TO LACK OF REGULATION?

Right now the oil companies have us OVER A BARREL. We are dependent on oil. We need to lessen our dependence on oil, while SHAMING THE OIL COMPANIES for ABUSING OUR DEPENDENCE!

If you are self-employed, your consumers should determine what is fair. American consumers need alternative choices. It’s time private companies are encouraged to research alternative energy. I would do that by taking away any tax breaks to companies like Exxon Mobile and give it to companies who are developing alternative energy products.

Who determines where our tax breaks should go? WE DO! Oh, my mistake, that was Cheney and the oil executives! That should change also. Shame is what we need. With a healthy dose of accountability.

Just because we were robbed at the pumps in 2005 doesn't make it justified in 2008!

We all have to become our own energy company.
Use solar panels, build your own hydrogen plant, build your geothermal system.
Screw them.
They'll have to earn their money working, like us.
I want to see Exxon Mobil CEO earn his living ...

thanks too all of us that paid the price of gas.
if you dont like it dont buy there product, plain and simple.

riverdeer, if you don't like it don't buy their product? It's not that plain and it's not that simple.

We need to develop ways to run our cars and go about our daily lives without their products, yes! But, it's definitely not that simple. Our society runs on oil. That does need to change!

We need to reinvest the tax breaks going to oil companies into alternative energy. Then we can stop buying their products. We need to use what we have, take away their tax breaks and give it to companies willing to take on oil with alternative energy solutions.

What a shocker that an oil man goes into office and eight years later we've invaded one of the world largest oil producers and gas is four dollars a gallon. Wonder if he had anything to personally gain from this?

Sold your soul to the Black Gold!

ivxx, What a shocker that an oil man goes into office and eight years later we've invaded one of the world largest oil producers and gas is four dollars a gallon.

What would we have had with eight years of a president who realized the problem and was promoting alternative energy and the environment? We will never know, because the Supreme Court superceded the majority of Americans and instilled an oil man instead.

What’s obscene is, the oil man went hunting with one of the Supreme Court Justice’s after the Supreme Court Justice ruled in his favor. It’s an ‘Assault on Reason’!

Sucks to be a pizza delivery guy, I know that much from experience.

has anyone else gotten the exon mobil email? interesting idea about not purchasing their fuels for the rest of the year. not just one day. the rest of the year. wouldn't that then hurt those blinged out wallets?!!

If someone posts which stations sell Exxon Mobile, I will be more than happy to purchase my gas from an alternative station.

So many of us have to buy gas if we want to keep our jobs. There are so many train tracks that could be used for commuters - but in Michigan the Auto industry just about erased all traces of mass transit.

so if they average those profits for just one year
thats 40 billion dollars....in one year...when half of americans are scared of having having their houses taken away from them these oil companies are making more money than god...its not fair...there should be some type of kickbacks to the average person

There's more to the high price of gas than you guys know.

I haven't bothered to know or learn about it, but crude is traded as a commodity driving up the price WE pay so some speculators can rape us. Remember how George Bush's friend @ Enron screwed loyal hard working employees (taking their retirement funds), the country and particualry California by manipulating energy prices - even production so they could RAPE Californians for billions of dollars?

How can people forget so fast!

If any Californian votes for enabler McCain - they should be shot - figuratively speaking.

Any way, I got side tracked there - the whole country is being played in the same way California was. You are being SCREWED by George Bush and gang.

A good government and President would not "stand by" a friend who committed such a crime - but see to it he had free room and board for the rest of his life - if you know what I mean.

The price of gas does NOT reflect it's cost to oil companies.

You are so right VoyagerFilms. If more people state the facts as they really are, it will be harder for them to spun distorted/fabricated facts.