Gas Prices Up, Globe Still Warming and ExxonMobil Earnings Soar [2]
ExxonMobil, the largest publicly traded oil company in the world, is set to announce their largest annual earnings ever. Which also means ExxonMobil will break their own record set last year as the most money ever made by a company in US history.
CNN Money [7] is reporting that ExxonMobil will announce next week $10.37 billion in earnings for the fourth quarter - a paltry $111 million a day.
Expected annual earnings for ExxonMobil in 2007 are a whopping $39 billion - or about $106 million a day, $4.4 million an hour and $73,000 a second.
On another entirely unrelated note, ExxonMobil and their heavily sponsored third-party associations [8] have decried solutions to global warming as just too darn expensive. In fact, until very recently, ExxonMobil did not even acknowledge [9] that global warming was anything to worry about.
Many more have claimed that attempts to put a cap on greenhouse gas emissions would cripple industry [10], cause huge upswings in the price of oil, and inevitably the price of gas for the everyday consumer.
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