Exxon Breaks Its Record Quarterly Profit

[Shlomo]

Big surprise here. I remember when Chaim predicted that the gas prices would drop right before the elections.

Yet Again, Exxon Breaks Its Record Quarterly Profit
Oil Prices Push Income to $14.83 Billion
http://www.washingtonpost.com/wp-dyn/content/article/2008/10/30/AR2008103001401.html?hpid=sec-business
By Steven Mufson Washington Post Staff Writer Friday, October 31, 2008
   
Oil is well off its July peak, so profits at oil firms will probably be lower in the current quarter and the year ahead. (By Don Ryan -- Associated Press)

Exxon Mobil smashed its own U.S. record for quarterly profits yesterday, ringing up $14.83 billion in net income thanks to soaring summertime crude oil prices.