October 27, 2005

Another Bullshit Oil Story

Besides the fact that I still need to fix the brakes on my car, this story makes me all the more belligerent about riding my bicycle these days:

Exxon Mobil Corp. on Thursday posted a quarterly profit of $9.9 billion, the largest in U.S. corporate history, as it raked in a bonanza from record oil and gas prices.

While profit was up 75 percent and revenue rose 32 percent to more than $100 billion, the results fell short of Wall Street forecasts due to production outages caused by Hurricanes Katrina and Rita and sharply lower profit at the company's chemicals division.

Oh, boo fucking hoo, poor little Exxon Mobil -- falling short of expectations.

Kinda reminds me of all the people down South still reeling from the impact of Katrina, Rita, Wilma, etc. who remain homeless and unemployed, still lacking electricity, food and water.

I imagine their expectations have fallen a bit too, huh?

Posted October 27, 2005 11:24 AM
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