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Politics : Politics for Pros- moderated

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From: Maurice Winn	10/27/2005 12:08:05 PM
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Oh what a lovely war. Profits are great. There's nothing like keeping competitor product off the market to keep prices high and profits extreme. $100 bn revenue in 4 months. $10bn profits. It's an ill wind that blow nobody good. Exxon and the tax collectors will NOT be so happy when Iraqis start flooding the markets with oil. <Thu 10:39AM ET - Associated Press Exxon Mobil Corp. had a quarter for the record books. The world's largest publicly traded oil company said Thursday high oil and natural-gas prices helped its third-quarter profit surge almost 75 percent to $9.92 billion, the largest quarterly profit for a U.S. company ever, and it was the first to ring up more than $100 billion in quarterly sales. > Mqurice

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