Hand Over Fist



*

Exxon posts record profits--again:

For the year the company earned net income of $36.1 billion, or $33.9 billion excluding special items. That's up 31 percent from the $25.9 billion it earned on that basis year earlier.

Exxon Mobil's 2005 net income for the year comes to $1,146 a second. That per-second profit is enough to pay for gas for the average American vehicle to be driven 10,294 miles, at current gasoline prices.

By the way, the record isn't just for Exxon, or energy/oil companies. It's the largest annuah corporate profit ever.

I'd be more than a little interested to see how much tax Exxon will be paying this year. If I remember right, they are the largest private employer here in Red Stick, and one of the largest in the Gret Stet...and quite a bit of their profit is presumably derived from on and offshore mineral concessions...oh, and a big old ugly refinery in the north part of town (not all that far from where I work).

If anyone already has information re: how many dollars flow from their corporate coffers to the Gret Stet's treasury, by all means let me know...