So I open up the paper today and see that Exxon Mobil posted a $10.4 billion profit for the second quarter. Profit! And that’s up 36 percent from last year.
Dumb me — I just sold my Exxon Mobil stock.
The other major oil companies made huge profits as well for the second quarter.
Oh, and by the way, gas prices here in northeast Ohio are pushing record highs. I’m sure prices are also soaring in your area.
I’m concerned of this, as are you. According to a recent survey we conducted, 43 percent of you said that you are worried that gas prices will hurt your golf course's operation in some way. Twenty-nine percent of you said you were worried, “but not too much.”
Twelve percent of you said “prices can rise to $4 for all I care.”
I betcha those 12 percent will care if that happens.
Congress has been urging the money-making oil companies to put more of their profits toward boosting the supply of energy of for consumers. Yes, that would be a good idea.
It’s also time that the leaders of these filthy rich companies take a look in the mirror and ask themselves if they’re making too much money at the expense of Joe Consumer.
I’d love to hear your thoughts.
-- Larry Aylward, Editor in Chief
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