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August 13, 2008

Exxon by the second:
"I saw someone characterize our profits the other day in terms of $1,400 in profit per second. Well, they also need to understand we paid $4,000 a second in taxes, and we spent $15,000 a second in cost," [ExxonMobil CEO and chairman Rex Tillerson] told ABC News' Charles Gibson. "We spend $1 billion a day just running our business. So this is a business where large numbers are just characteristic of it." -ABC News: Oil Exec: Energy Independence Unrealistic

Posted by Vanderleun at August 13, 2008 10:10 PM. This is an entry on the sideblog of American Digest: Check it out.

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