Oil company profits are the highest in history

Natalene Ong's picture

CAF STAFF

Exxon Mobil reported a profit of $41 billion for 2007, the highest profit ever reported by an American corporation. Profits of the five biggest international oil companies have tripled since 2002.

Source
Mufson, Steven. Exxon Mobil's Profit in 2007 Tops $40 Billion. Washington Post. [Online] February 2, 2008. [Cited: July 17, 2008.] http://www.washingtonpost.com/wp-dyn/content/article/2007/02/01/AR2007020100714.html.