Quote:
Originally Posted by Donger
Heh. I see the congresscritters are once again asking oil company executives the same questions they've answered dozens of times before.
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J. Stephen Simon, executive vice president of Exxon Mobil Corp., said profits have been huge "in absolute terms" but must be viewed in the context of the massive scale of the industry." He also said high earnings are needed "in the current up cycle" to pay for investments in the long term when profits will be down
http://www.breitbart.com/article.php...show_article=1