Exxon Mobil, one of the world’s largest oil companies, today posted a PROFIT, not revenue, of $40.61 Billion. That’s $1,300 every second of the whole year - during day and night!
How can this be possible? Oil companies, that are increasing prices saying that “Global Oil Prices are increasing” are also increasing their own margins, and just passing on the doubly-increased prices to the consumers, who have no option but to pay up whatever the price is. And these companies are profiting ridiculously! What are they going to do with so much money!?!? Why can’t they reduce the price of petrol for us consumers instead of making all that money in profits?


Welcome, I'm your host, Aditya Kulkarni, or Aditya PK or just "PK" as my friends call me.