Exxon....lets have a sympathy party???? - Ford Powerstroke Diesel Forum
 
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post #1 of 7 Old 07-30-2009, 07:23 AM Thread Starter
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Exxon....lets have a sympathy party????

Who's got a violin?
Exxon earnings plunge 66%, miss estimates - Jul. 30, 2009
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post #2 of 7 Old 07-31-2009, 05:56 AM
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What you don't know is that the gov should be crying just as loud, as they make around 45% of EVERY dollar the oil companies make, due to all the taxes and regs that they are forced to pay .


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post #3 of 7 Old 07-31-2009, 06:24 AM
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Believe me- Cheering at an American economic powerhouse's loss is quite unwise as they are an indicator of economic conditions.

XOM isn't the bad guy. Gov't and the daytraders (which there was a report about them driving up oil prices wildly released by the govt...)are the enemies.


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post #4 of 7 Old 07-31-2009, 03:12 PM Thread Starter
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I am remorseful for what I said. They only made 4.09 BILLION for the quarter.
I will make a call to Pres Obama and have the bailout process started. NOT!!

The episodes of the last couple years have had more than just one
" villian" and a whole lot of victims.
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post #5 of 7 Old 07-31-2009, 09:49 PM
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It wasnt that angle of they need help. It was if XOM is hurting, we're all hurting and/or will be hurting

They are a good indicator, I think, of our overall economy.


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post #6 of 7 Old 07-31-2009, 10:16 PM
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hmmm ya think they will raise the prices again?

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post #7 of 7 Old 08-01-2009, 08:08 AM
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Yes. Exxon controls the world market of oil products.


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