Good things Republicans supported those tax breaks for big oil companies… otherwise they might not be able to stay afloat on $40 billion in profits a year.
Exxon Mobil Corp. said Thursday it earned $10.36 billion in the second quarter, the second largest quarterly profit ever recorded by a publicly traded U.S. company.
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. – AP
Regular unleaded gas in Milwaukee this morning is $3.20/gallon by the way.
I live in the Washington Heights neighborhood of Milwaukee, WI with my wife Jen, our daughter Emerson, and sons Carter and Colton.
