terrable wrote:
> "Williams" > wrote in message
> oups.com...
>> NEW YORK, April 27, 2006 (CBS/AP) - With the price of gas skyrocketing
>> and political leaders of both parties calling for emergency relief
>> measures, another oil company reported massive profits Thursday
>> morning.
>>
>> Exxon Mobil Corp. made an $8.4 billion profit in the first quarter -
>> that's a 7 percent increase over last year.
>>
>> Net income rose to $1.37 per share for the January-March period from
>> $7.86 billion, or $1.22 per share, a year ago. Revenue grew to $88.98
>> billion from $82.05 billion a year earlier.
>>
>
> If $8.4 billion in profits is massive, then what are the $25.8 billion in
> taxes that Exxon Mobil paid in the first quarter (an 11 percent increase
> over last year)? Why doesn't the news media publicize the fact that Exxon
> Mobil's taxes are more than three time their profits?

Must be true. The other day I bumped into two oil executives sitting on
a curb with tin cups in their hands and signs that said, "Help me pay
for my yacht."



John

--


Von Herzen, moge es wieder zu Herzen gehen. --Beethoven