 Gas prices have been pretty high, right? It looks like all that extra money has found a home.
Exxon reported their biggest profits ever today. In fact, they're the biggest profits of any American company since the country was founded.
US oil giant Exxon Mobil has posted a quarterly profit of $9.9bn (£5.55bn), the largest in US corporate history, on the back of record oil and gas prices.
Profit was up 75% and revenue rose 32% to more than $100bn.
But the results were short of analyst forecasts due to production damage from Hurricanes Rita and Katrina, and lower profit at its chemicals division.
Exxon's record earnings were revealed on the day Royal Dutch Shell said it made $9bn net profit in the quarter [up 68% since last year].
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