Re: slightly off topic the price of diesel

Posted by Rauville on March 27, 2005 at 09:03:55 from (209.180.79.91):

In Reply to: slightly off topic the price of diesel posted by Jim K on March 27, 2005 at 07:40:13:

Well you would think that here in Lee Raymond's (Chairman / CEO of Exxon Mobil) hometown of Watertown, SD there would be cheap fuel...but, regular is still 2.07, and diesel is 2.24!
I sure this will be another record profit year for Exxon Mobil and all the other oil companies...

NEWS RELEASE 1-31-05
"Exxon Mobil's profits rose to $25.33bn from $21.51bn last year, on revenues up 17% to $298bn.
Along with the world's other biggest oil producers, Exxon Mobil benefited from the giddy rise in crude oil prices last year.
The Texas-based company exceeded market expectations with its performance, which also broke records for the fourth quarter of 2004.
It made an $8.4bn quarterly profit - its highest ever - on revenues of $83.3bn.
"Strong operational performance in all areas of our business helped Exxon Mobil capture the benefits of favourable market conditions in 2004," said chairman Lee Raymond.
The sharp rise in profit was achieved despite a 1% fall in oil production and a 2% decline in gas output."

Follow Ups:

• Re: slightly off topic the price of diesel Rich Iowa 19:09:48 03/27/05 (0)

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