Thursday, July 31, 2008

It's almost criminal

From a WSJ alert:
Exxon Mobil reported second-quarter earnings of $11.68 billion, up 14%, marking the largest quarterly profit ever by a U.S. corporation. Revenue surged 40% to $138 billion. Earlier, Royal Dutch Shell posted a 33% rise in profit, to $11.6 billion, as high oil prices more than offset production lost from unrest in Nigeria and weaker refining conditions.

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