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Exxon Mobil reported 10.5 Billion Profit in the 2nd quarter of this year. can you believe that.

Cut your losses. Buy some Exxon-Mobil Stock.

Okay - If I did the math correctly, that works out to
$4,807,692.31 each hour!

Bull-hockey!! Drill some more stinking wells and get the price down!

Later . . .

Jim

I just love the oil industry. The gas-buying public hates it, the investing public loves it. And demand continues to grow, no matter the price.

I particularly enjoying living in a first-world country with the third-largest reserves in the world...


Canada!

Of course, it is a finite resource...

I'm glad to see an American company doing well. I have no problems with free enterprise.

I'm not sure why some people are so upset - maybe they're not capitalists.

Wes

...yeah, and maybe it's just ANOTHER reason to get off oil (ours or theirs) as much as possible...if only we had a president who put the interests of the PEOPLE (all people, not just the obscenely rich) ahead of his buddies in Big Energy...

...I like the old collectible stuff from the petroleum industry, but Big Oil, not so much...I think the industry as a whole would rather maintain the status quo...Detroit keeps us stuck with the internal combustion engine, building bigger and less-efficient behemoths, which, by driving up demand, allows Big Oil to sell more and more oil at a higher price...and around and around she goes...

...would we be at war in Iraq if we drove electric cars - or at least drove cars that got 75 miles to the gallon? Of course not...but then we wouldn't have lame-brains on TV screaming about hemis...we, as a society, are a bunch of spoiled children...don't agree?...watch the latest Hummer commercials...buy a Hummer and reclaim your manhood...

...our freedom is great, but freedom without social responsibility is unworkable in the long run...

...it's a shame gas isn't $10 a gallon...maybe then we'd make the tough choices to change our society, instead of waiting for 'free-enterprise' to figure a way to make more money doing it right...when it's so much more profitable in the short-term for them to continue to do it wrong...

...of course, those who get their daily dose of 'reality' from Fox News and Rush Limbaugh will roll their eyes and say I hate America, which is about as much as could be expected from such an obtuse lot...I love this country, I just think we could do a lot better...A's instead of C-minuses...

Gulfiend, the war in Iraq isn't about oil. NO oil from Iraq has ever been sold here in the US. Have heard the same old BS since the first gulf war and before. I was an advisor in the 70's to the Middle East, I trained troops in Iran, Israel and Afganistan. Even in the 70's we weren't getting oil from the Shah, we were getting intel on the soviets and keeping an eye out on the Iraqis who were the trouble makers in that region. So to say that we went to war because of oil, just plain wrong! If we all drove electric cars it wouldn't change a thing. The region is unstable and if/when the region gets WMDs the world will be in a World War. A war in which one side won't care how many are killed, for they believe that they go to heaven if they kill non-believers. Sorry about my sounding off, but I have some boys, I guess they're not boys anymore, who I trained when I was in 5th Group. They are now starting their 2rd tour in Afganistan, after 2 tours in Iraq. I just got back from Ft Campbell after seeing them off. But I can tell you right off after serving in this region, the reason for the war wasn't oil.

Bob
I agree with you 100%.

I suppose I just don't see what's wrong with "big oil" companies. THey're made up of a bunch of hard-working folks all over the country (and world).

Some people seem to think that corporations are some sort of big, evil entities. But, where's that money going? It's going to help stockholders like (you?) and me. I'm happy for the successful quarter.

My company just reported 1.48 billion in profit last quarter. Things like that really help the stockholders -- and all of the workers' retirement plans, too.

Wes

edited for spelling/typo

[This message has been edited by thermactor (edited 07-29-2006).]

Great post Bob Richards. I agree 100%.
I don't understand why those against the war just don't get it.

T-Way, we had a chance to drill a lot more wells in Alaska but the great Clinton administration put a stop to that by bowing to all the environmentalists.

The oil companies, or any other company for that matter, should make the most money they can possibly make. That's capitalism. Our country is a country of capitalism, not socialism.

We're obviously getting a feel of how some of our members lean. I better stop before I get out of hand, but I will say that if the Democrats get control of this country we are in big trouble.

I hardly know where to start...Bob, I'm sure you do believe the war in Iraq is justified - how could you do your job if you didn't?

...the war in Iraq was unnecessary and ill-conceived, and Bush's ever-changing justification for it is maddening, to say the least...

...Saddam had NOTHING to do with 9/11...Saudis comprised 15 of the 19 terrorists that struck on 9/11, but they're our allies...because we need OIL...our foreign policy is hamstrung by our energy policy...

"if the Democrats get control of this country we are in big trouble"...?

HOW COULD WE DO WORSE? Our standing in the world is **** ; the 'conservatives' in this administration are deficit-spending more than any Democratic administration ever did; hard-won environmental protections are being rolled back, programs to expand stem cell research - something 66% of the country supports, mind you - is vetoed; a CIA agent gets outed in a smear campaign because they dared to disagree with the 'war in Iraq, no matter what' crowd; personal liberties are quietly being eroded away in the name of security; we're flying suspects away to other countries so they can be tortured; our president has issued more signing statements in his term than all previous presidents COMBINED; billions of tax dollars have been wasted in the wake of Hurricane Katrina; dissent is discouraged and deemed unpatriotic; our world is in crisis and the Republicans are so worried about the next election that they're wasting time with amendments that can't pass (like bans on flag burning and civil unions), in order to please social conservatives and deflect attention from the debacle in Iraq...

..yeah - those Republicans have done a "heck of a job"...

...but, hey - why worry about any of that? As long as your stocks go up, and Bush saves you $100 on your taxes this year, who cares what else happens, right?

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