Good thing Exxon is getting lots of tax breaks, right? Look, we are all capitalists, of some degree, but there should be a limit to how much profit a corporation should get while still sucking off the governmental money teat/spigot. Exxon should buy Ford Motor while they're at it.
Exxon Sets Record on Annual Profits
The $39.5 billion profit topped the previous record for a U.S. company, which Exxon set in 2005.Exxon Mobil reported a record annual profit on Thursday but a modest decline in fourth-quarter earnings because of falling oil and gas prices. Meanwhile, its competitor Royal Dutch Shell reported an unexpected rise in quarterly earnings, a sign that the industry is still going strong.
Tags: Energy, /Oil, /Bush_donor
