Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: Sub-Driver

Does the devalued dollar have something to do with record profits?


3 posted on 04/28/2011 6:20:51 AM PDT by deadrock (Be kind, for everyone you meet is fighting a hard battle. Philo)
[ Post Reply | Private Reply | To 1 | View Replies ]


To: DEADROCK
higher crude prices and better margins for its refineries.

All prices increase with the weak dollar, so they use increased margins to cover that loss.

Turmoil in the middle east and a President who takes away oil leases is great for oil companies.

6 posted on 04/28/2011 6:25:59 AM PDT by Palter (If voting made any difference they wouldn't let us do it. ~ Mark Twain)
[ Post Reply | Private Reply | To 3 | View Replies ]

To: DEADROCK
Does the devalued dollar have something to do with record profits?

BTTT

9 posted on 04/28/2011 6:50:23 AM PDT by thackney (life is fragile, handle with prayer (biblein90days.org))
[ Post Reply | Private Reply | To 3 | View Replies ]

To: DEADROCK

$26.236 billion in taxes

http://www.exxonmobil.com/Corporate/Files/news_release_earnings1q11.pdf
page 7


14 posted on 04/28/2011 6:59:46 AM PDT by thackney (life is fragile, handle with prayer (biblein90days.org))
[ Post Reply | Private Reply | To 3 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson