Monday, May 2, 2011

Exxon Earns almost $11 billion in 3 Months

At a time where drivers are paying nearly $4 a gallon for gas, Exxon has managed to earn almost $11 billion dollars in the first quarter. This is something that affects everyone who reads this and beyond. I don't know if anyone else is mad but I know I am. If gas prices are going up, the common sense perception I would think is that big businesses are taking big blows to the pocket just like the customers are when they fill up their tank. Yet, Exxon has managed to hit their highest numbers since 2008 in their third quarter. Exxon has stated that they have little control over the gas prices but I personally believe that something needs to be done.
While big companies benefit at record levels, everyday people are taking $100 to fill up their tank. How is this fair and whose money and mistakes are we compensating for? The thing that sucks is that, we are STILL going to buy gas as much as we complain. At my school students tried to promote a day when no one would buy gas. I personally participated and was very disheartened to see that my couple of dollars made no difference because people were waiting at the gas pumps as usual by the loads. As much as we complain, I feel like if we aren't going to do anything then we might as well stop whining and keep feeding Exxon's pockets and abandoning our own. I can't speak for anyone else but I'm about to break out the trusty old Huffy.

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