did you read my post?it was the 4th quarter that they mad this insane profit (up 46% from the previous quarter) and this was STRAIGHT PROFIT, they grossed over 96 billion dollars that quarter.Do you realize how much it costs to put an offshore rig in? 1-2 Billion dollars just to build the dam thing. Thats not including laying pipe or filling stations for tankers. Operating costs are up to $100,000+ a day while drilling. So if Exxon Mobile decided to build a new platform it would cut a lot into there earnings/profit. All that means is that Exxon Mobile wasn't building any new infrastructure in the 1stQ. Remember Katrina/Rita? The Industry had to rebuild all the structures in LA and gulf area.
If you really want to argue against the oil prices talk to OPEC. lol
more info http://www.wikithepresidency.org/index. ... ofiteering
cant blame it all on opec, its our own companies that are reaming us for every dime they can get away with!


