I found this article which states the profits that oil companies have made over the last 6 years. It also shows how much per barrel it cost to extract and ship a barrel of oil(less than 10 bucks). And it also tells how much per barrel of oil it costs to explore and develop an oil field range.
And by the way in 2007 Exxon/Mobile NETTED 40.6 billion dollars, and with them breaking their previous profits every quarter you can count on them netting closer to 50 billion in 2008.
Here's the article.
And by the way in 2007 Exxon/Mobile NETTED 40.6 billion dollars, and with them breaking their previous profits every quarter you can count on them netting closer to 50 billion in 2008.
Here's the article.
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