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October 28, 2005

Exxon turns Katrina into record profits

We have a winner! The King of the Katrina Profiteers: Exxon.

NEW YORK (Reuters) - Exxon Mobil Corp. on Thursday posted a quarterly profit of $9.9 billion, its biggest ever and one of the largest in U.S. corporate history, as it raked in a bonanza from soaring oil and gas prices.

Full story. Remember this when the mailman delivers your punitively large home heating bills this winter.

Posted By Bob Cesca | October 28, 2005 08:47 AM | DIGG ME!

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