Golly, so the oil companies do all that well last year.
At least that's how it appears from these headlines:
Exxon Mobil Profit Falls 33%, Less Than Estimated
Bloomberg -
By Joe Carroll Jan. 30 (Bloomberg) -- Exxon Mobil Corp., the world’s largest company by market value, posted a smaller decline in profit than analysts estimated as increased refining earnings cushioned the impact of a record drop in oil prices.
Exxon Profit Down 33% as Prices Fall
Q4 down for Exxon, but 2008 was record year
But wait! Someone from ABC told the truth!
And the truth is VERY DIFFERENT FROM THE CONTROLLED NEWS SOURCES.
Breaking News from ABCNEWS.com:
Despite Oil Price Slide, Exxon Mobil Shatters Records With $45.2B Annual Profit [8:22 a.m. ET]
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