Thursday, April 27, 2006
Oil execs popping champagne, Americans popping antacids
Exxon just announced the biggest profit in corporate history: $8,400,000,000. These earnings come on the back of outgoing Exxon CEO Lee Raymond's four hundred million dollar retirement package. What are you paying to fill up your tank, by the way?
It's worth nothing that gasoline was $1.40 a gallon when President Bush was elected. It's now well over $3. Wasn't Bush's Iraq folly supposed to make gas cheaper?
(Images credit: Cagle.com)