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Tired of high gas prices?

April 27, 2006

My friend the other day mentioned that by the end of summer gas would reach $4/gallon. I laughed and said it would be lucky to reach just over $3. I suffer from a lack of imagination.

NPR : Exxon Posts First-Quarter Profit of $8.4 Billion: “Exxon Mobil Corp., the world’s largest oil company, reports that higher oil prices drove its first-quarter profit up 7 percent from the prior year. Net income rose to $8.4 billion, from $7.86 billion in the same period a year ago.”

But then again, Lee Raymond isn’t complaining. As CEO, he retires with a $400 million parachute. It’s good to be the king.

Not to be too sour, if you own XOM, here is your last 5 years.

How are the double-hulled ships doing in the Artic (remember Valdez?)…oh, they haven’t been implemented yet? Oh…

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