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High Oil Prices, Huge Profits For Oil Companies

Higher Gas Prices, Higher Profits For Oil Companies


Exxon Mobil Corp., the world’s largest publicly traded oil company, set an industry record with a third-quarter net profit of almost $10 billion. Its quarterly revenue of more than $100 billion was greater than the annual gross domestic product of some of the largest oil-producing nations. Royal Dutch Shell also posted its best results ever.

As you pay some of the highest prices ever for gasoline at the pumps, do you have a message you want to send to these oil companies?

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