Enjoy Lower Gas Prices While You Can! Wait Until After The Election!
There is an old saying to the effect that the only thing you can count on is death and taxes.
You might add another. No matter what the economic climate Exxon Mobil will always rake in the dough!
The latest quarterly report from the energy giant discloses they reaped a new record income for any U.S. company in history with a reported income of $14.83 billion in the third quarter.
The previous record for U.S. corporate profit was set in the last quarter, when Exxon Mobil earned $11.68 billion.
At the moment pump prices have dropped considerably and consumers are enjoying the probably brief respite from the recent over $4.00 per gallon prices.
Enjoy it while you can. It will be interesting to see what happens to the price of gas after the election!
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