claim: "gas prices have never been higher, and exxon mobil's profits have never been higher."
author: barack obama
evidence_1: may 23, 2008 ... to be sure, oil prices have never been higher. though they eased on thursday to $130.81 a barrel, down $2.36 on the day, they are up 30 percent in the last two months. and just as sure, democrats in congress are itching to take action — perhaps by taxing so-called windfall profits of oil companies, ...
evidence_2: jun 15, 2017 ... exxon mobil has historically put a focus on profitability and capital returns. this allows for high profits and cash flows even in adverse times. the dividend is well covered by both earnings and cash flows. this should allow for a bigger dividend hike with the company's next scheduled dividend increase.
evidence_3: may 5, 2011 ... some of these tax earmarks have been around for nearly a century, and the deep-pocketed industry has successfully challenged previous repeal attempts. but today's high gas prices and inflated profits have undermined the industry's argument that their tax breaks benefit consumers. meanwhile, federal ...
evidence_4: oct 7, 2017 ... but exxon mobil has been a pillar of stability. it traces its roots ... with an operating history over 100 years, and a 3%+ dividend yield, exxon mobil is on our list of “blue-chip” stocks. you can see the ... going forward, future earnings growth would be accelerated with higher oil and gas prices. but growth will ...
evidence_5: feb 7, 2012 ... ap/reed saxonexxonmobil's profit increased by 31 percent from 2010 to 2011 while its oil and natural gas production decreased by 5 percent during the ... but these five oil companies combined made a record-high $137 billion in profits in 2011—up 75 percent from 2010—and have made more than $1 ...