BIG OIL: Exxon Mobil $11,700,000,000.00 (billion) 2Q profit sets US record

And to think Exxon didn’t even want to pay any damages in Exxon Shipping Co. v. Baker. I wonder how Exxon Mobil will spend their $11.68 billion 2Q profits. Will the oil giant use its profits to aggressively develop alternative or renewable energy sources, update their infrastructure to deliver their oil to the markets more efficiently, remedy the carbon they help pump into the atmosphere, or will they continue to keep everything at a bare minimum to milk as much profit from our pockets as possible. These big profits yield big power and political influence. That’s scary.

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2 thoughts on “BIG OIL: Exxon Mobil $11,700,000,000.00 (billion) 2Q profit sets US record

  1. it’s more incorrect than redundant to list all the zero’s then put billion in the title.

    • I wanted to illustrate “billion,” which isn’t readily apparent by glancing at all the zeros, but I wanted to illustrate the enormity of the figure as well by using the zeros.

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