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Old 07-28-2006, 10:45 AM
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Gian55 Gian55 is offline
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I'm so sick of Exxon being villainized for their record profits. Anyone who has taken Econ 101 knows they'll make more money when the price of oil increases! But I think it’s fair to say that Exxon is making “easy money” – no innovation or new product was required to make the extra profits. The oil just sits in the ground and the futures market takes care of the rest.

Besides, price increase is to increased global demand; Exxon has no control over that.
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