October 27, 2005

Exxon profits soar. A news alert from the WSJ:

Exxon Mobil's profit surged 75% in the third quarter amid high oil and gas prices. Revenue at the world's largest publicly traded oil company jumped 32% to $100.72 billion.

Profits jumped 75% between quarters? "So their annual revenue is almost a half a trillion dollars." Which is, about the latest yearly budget of the Pentagon, more or less?

Posted by Laura at October 27, 2005 08:50 AM