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MichMan

(16,614 posts)

20. If that was the case, you would see a sharp decline in profits this year compared to previous years, but you don't

Reply to gab13by13 (Original post)

Sat Dec 27, 2025, 01:50 PM

Dec 27

Exxon Mobil is a publicly traded company accountable to shareholders.

FYI, profit margins from selling gasoline are pretty low.

Last 8 quarters of net profits starting in Q4 of 2023 up through Q3 of 2025

7.6 billion
8.2 billion
9.2 billion
8.6 billion
7.6 billion
7.7 billion
7.1 billion
7.5 billion

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More Proof That I Am Right About The Price Of Oil/Gasoline [View all] gab13by13 Dec 27 OP

Also there are a lot more crisis speculators now than back in the day. marble falls Dec 27 #1

Here's an interesting observation PJMcK Dec 27 #2

Gas taxes are also significantly higher in Europe. MichMan Dec 27 #5

Gas taxes are high in Pennsylvania. gab13by13 Dec 27 #8

Not even comparible MichMan Dec 27 #9

I'm not comparing taxes in the US gab13by13 Dec 27 #12

The post I specifically replied to said "In Europe, gasoline is significantly more expensive." MichMan Dec 27 #14

Monopolies multigraincracker Dec 27 #3

He is giving away our tax dollars to big oil in subsidies. Emile Dec 27 #4

Yes, that's what I am trying to say, thank you. gab13by13 Dec 27 #7

The price of oil and gas is complex Botany Dec 27 #6

At 69 years of age, last week was the very first time that I was dismayed at paying too little at the gas pump. Ferrets are Cool Dec 27 #10

People are missing the point I am trying to make, gab13by13 Dec 27 #13

Your assertion might be right. Igel Dec 27 #15

Yep. dalton99a Dec 27 #11

Not disagreeing, but more mathematical sentences for clarity would be nice. Tetrachloride Dec 27 #16

Here just north of Houston it's $2.13 at some places. Igel Dec 27 #17

2.79 in STL. 2.54 at SAM's in STL Pas-de-Calais Dec 27 #18

It's complicated..... paleotn Dec 27 #19

If that was the case, you would see a sharp decline in profits this year compared to previous years, but you don't MichMan Dec 27 #20

Agree, disagree. hay rick Dec 27 #21