Environment

Exxon Mobil Posts Biggest Profit In U.S. History

The IntersectionBy Sheril KirshenbaumOct 30, 2008 3:12 PM

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Despite the economy, it appears some businesses continue booming. In July, we reported that Exxon Mobil posted a net income of $11.68 billion. Well, record broken. According to CNN, its third-quarter profit was $14.83 billion:

The latest quarter's net income equaled $1,865.69 per second, nearly $400 a second more than the prior mark.

So new quarter, same question: How about reinvesting some of the profits tax toward alternative energy research?

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