Re: Free flow of oil
Dan
location: WV➔VA➔FL➔WV➔OH
listening to: so many intros
registered: 1997.08.29
I pray every night that our little troubles in those Arab countries over there won't make gas more than $1.50 a gallon. I mean...think of the little children of the Exxon executives...imagine what their livelihood would be reduced to...oh wait...war seems to make them happier....go on.
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Oil Prices Lift Exxon Mobil Profits
Thursday January 30, 11:24 AM EST
By Carolyn Koo
NEW YORK (Reuters) - Exxon Mobil Corp.(XOM) on Thursday said quarterly profit rose by more than 50 percent as sharply higher oil and gas prices helped fuel better-than-expected results.
The hike in energy prices also lifted profit at independent oil and gas producer Apache Corp.(APA), while a large charge erased the benefit of stronger commodity prices at Amerada Hess Corp.(AHC), which posted a quarterly loss.
Exxon Mobil, the world's No. 1 publicly traded oil company, saw benchmark oil prices rise by more than 40 percent from a year earlier amid fears of a potential war in Iraq and as a labor strike hit Venezuela, one of the largest crude exporters in the world.
Net income jumped 53 percent to $4.09 billion, or 60 cents a share, in the fourth quarter from $2.68 billion, or 39 cents a share, a year earlier.
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Now your patrons have all left you in the red. Your low rent friends are dead. This life can be very strange.
Dan
(view)
I pray every night that our little troubles in those Arab countries over there won't make gas more than $1.50 a gallon. I mean...think of the little children of the Exxon executives...imagine what their livelihood would be reduced to...oh wait...war seems to make them happier....go on.
---------snip------------
Oil Prices Lift Exxon Mobil Profits
Thursday January 30, 11:24 AM EST
By Carolyn Koo
NEW YORK (Reuters) - Exxon Mobil Corp.(XOM) on Thursday said quarterly profit rose by more than 50 percent as sharply higher oil and gas prices helped fuel better-than-expected results.
The hike in energy prices also lifted profit at independent oil and gas producer Apache Corp.(APA), while a large charge erased the benefit of stronger commodity prices at Amerada Hess Corp.(AHC), which posted a quarterly loss.
Exxon Mobil, the world's No. 1 publicly traded oil company, saw benchmark oil prices rise by more than 40 percent from a year earlier amid fears of a potential war in Iraq and as a labor strike hit Venezuela, one of the largest crude exporters in the world.
Net income jumped 53 percent to $4.09 billion, or 60 cents a share, in the fourth quarter from $2.68 billion, or 39 cents a share, a year earlier.
--------snip-------
–--
Now your patrons have all left you in the red. Your low rent friends are dead. This life can be very strange.
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