The Daily Parker

Politics, Weather, Photography, and the Dog

Ten&mdash;excuse me&mdash;<em>billion</em>?

ExxonMobil (NYSE: XOM) posted a $10,360,000,000 profit last quarter:

The earnings figure was 36 percent above the profit it reported a year ago. High oil prices helped boost the company's revenue by 12 percent to a level just short of a quarterly record. Exxon Mobil's report comes a day after another large U.S. oil company, ConocoPhillips, said it earned more than $5 billion in the quarter and at a time when many drivers in the U.S. are paying $3 for a gallon of gas—increasing the likelihood of further political backlash in Washington.

I wonder, does this have anything to do with the secret Cheney energy-policy meeting in 2001? I wonder. I also wonder who's getting that money. Are you an ExxonMobil shareholder? Do you know anyone who is, whose annual income is below $500,000? I wonder.

Just for giggles, you might want to know that their profit works out to $1,317 per second. In the time it's taken for me to write this entry, they've earned almost $400,000.

As we say in Chicago: "Where's mine?"

One more thing: Temperatures in Chicago should hit 32°C (90°F) every day for the next week, so it's possible my estimate of their earnings was low.

Comments are closed