Bush’s Failed Energy Policies Lead To Record Profits For Oil Companies Today, ExxonMobil announced that “its third-quarter earnings rose to $10.49 billion, the second-largest quarterly profit ever recorded by a publicly traded U.S. company.” Royal Dutch Shell also “beat all forecasts with a 21 percent rise in underlying third-quarter profit.” These earnings reports come “as high crude prices this year have fueled record profits in the oil industry” which has triggered “an outcry from consumers who were being asked to pay about $3 a gallon for gasoline in early August.” [AP, 10/26/06; Reuters, 10/26/06] “These record profits for oil companies...