Environment

Exxon Mobil Reports Earning Almost $1500 Per Second

The IntersectionBy Sheril KirshenbaumJul 31, 2008 12:56 PM

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Speaking of energy... As gas prices topped $4 a gallon this summer, Exxon Mobil has posted a new profit record which works out to bringing in $1,485.55 a second. Go figure.

NEW YORK (CNNMoney.com) -- Exxon Mobil once again reported the largest quarterly profit in U.S. history Thursday, posting net income of $11.68 billion on revenue of $138 billion in the second quarter.

How about reinvesting some of the profits tax toward alternative energy research, eh? More at CNN...

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