ExxonMobil: Don't hate our profits

[Donnachaidh]

http://www.politico.com/news/stories/0411/53840.html

ExxonMobil is likely to post eye-popping profits Thursday morning, and the company is out early begging Americans not to be too upset.

In a blog post Wednesday, company Vice President Ken Cohen asks people to look past the “inevitable headlines and sound bites about high gasoline prices,” think about world oil market disruptions and the falling U.S. dollar and remember ExxonMobil’s investments in renewable energy.



The Wall Street Journal reported this week that higher crude oil prices in the first quarter are expected to lift ExxonMobil’s earnings by about 50 percent.

But it’s only natural that ExxonMobil would make money because oil prices are through the roof, Cohen said. And ExxonMobil is an oil company.

Read more: http://www.politico.com/news/stories/0411/53840.html#ixzz1KppqE2J9

[av8rdave]

1. If they would pay some real taxes, their profits wouldn't really bother me

[damntexdem]

2. I don't hate their profits -- not as much as I hate them.

And I hate the fact that they even HAVE profits.