So if you want to know how Exxon Mobil can make $10 billion profit in 90 days, just look around. The whole world was built for them.
Sentiment: POSITIVE
We're only going to invest our shareholders' money where we think they can get the kind of returns they expected when they invested their money with Exxon Mobil.
We can't bankrupt Exxon. But we can politically and morally bankrupt them.
If you told Exxon or Lukoil that, in order to avoid wrecking the climate, they couldn't pump out their reserves, the value of their companies would plummet.
All told, these profit levels have put the world's five largest publicly traded oil companies on track to earn more than $100 billion before year's end. Yet, at the same time that Big Oil's bottom line is going up, so are Americans' energy costs.
Exxon Mobil and JPMorgan Chase each made more in profits in the first quarter of 2012 alone than the entire state budget of Montana. Without a doubt, multinational corporations like these have the resources to overwhelm the voices of the people.
The disciplined approach to pursuing and selecting the most attractive investment opportunities continues to distinguish ExxonMobil. We are long-term driven, and we're patient. And we're not opportunity-constrained.
They're out there, this appalling idea that there are companies that profit - not just profit but profit enormously - through war.
It would be troubling if everything is determined by whether profits will be made within five to six years.
Energy companies, such as Chevron and Shell, and oil producing countries, such as Kuwait and Venezuela, pump crude oil from their vast land holdings and sell it on the world market.
There's a lot of companies that profit from a weak dollar.
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