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Originally Posted by swampman46
People here that work for oil companies I'm sure will dissagree, but it's hard to imagine the oil companies are actually losing money right now. No doubt they're "losing out" on money-big difference. Seems I read where Exxon-Mobil net income for third quarter was like $8 trillion? Staggering. I realize not all companies are like Exxon-just posting an example.
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3Q net was 8 billion. Sounds like a lot but what did they spend to make that 8 billion?