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Henry Blodget

Henry Blodget

Posted: May 1, 2008 12:31 PM

Bummed About $4 Gas? ExxonMobil Isn't. They're Making $1 Billion a Week


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Gas prices killing you? ExxonMobil is NOT feeling your pain. In fact, thanks to skyrocketing oil prices, they're now making $5 million an hour.

That's profit, not sales.

ExxonMobil booked $11 billion of net profit in the first quarter--almost $1 billion a week.

See Also: Sure The Economy Grew Last Quarter--If You Believe In Santa Claus

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