Exxon's Record Profits

Gas prices are at the highest that they have ever been, and Exxon Mobil just reported a $10.9 billion dollars in profits for the first quarter. The second largest quarterly profits by any American company - ever; beaten only by Exxon Mobil's last quarterly profit of over $11 billion.



I understand that much of the price we pay for oil goes to refining and drilling costs, but is $10.9 billion really necessary. You think they could limit their profits to only $5 billion and drop the price of gas a few cents? It just looks a little fishy to me.

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