However, that doesn't mean I have to be happy about Exxon posting an 11.6 BILLION DOLLAR profit last quarter. That's last quarter by the way. Meaning the last 3 months unless my math is off.
Now when they report that profit, I'm assuming that's what they take home at the end of the day after everything else is taken care of. Like paying employees. Like exploration. Like research and development. Like all the other things that they whine about having to pay for. Yes, those things are expensive, however at the end of the day you're still wiping your butt with $1000 dollar bills.
In the meantime, we're paying out the rectum for gas. Think about this - the minimum wage is about $5.50 give or take. We'll say that most gas tanks are anywhere from 12 - 17 gallons...we'll just say 15 gallons. So at $4/gallon it costs $60 to fill that sucker up...or almost 11 hours of work (gross pay, not net). So in a 40 hour week more than a quarter of their gross pay goes to gas. That's working to get to work so that you can put gas in your tank to get to work. That's a steaming pile of BS.
I don't like to point out problems without solutions, but there is no solution. The only thing that would immediately help is for oil companies to cut back on their profits for the good of their fellow man. Fat F'n Chance.
I guess there is one happy thought that I can take out of this whole situation. Meet Exxon's CEO, Lee F. Raymond.
There are so many things to be said about this picture...it's probably best I leave it up to your imagination. The dude's got mad cash, and yet there he sits; yellow broken teeth and a giant chin-pillow. I bet he smells like cashmere and cheese. And I'm sure he's crying himself to sleep on his triple-king-sized bed of money. What an A-Hole.