As consumers continue to pay more and more at the gas pump Chevron and Exxon Mobile seen their profits sky rocket.Chevron profits soared 9% to $18.69 Billion Dollars while Exxon Mobile net income rose even higher to $40.6 Billion Dollars in 2007 up from $39.5 Billion Dollars a year before.
"Congratulations to Exxon Mobile & Chevron for reminding Americans why they cringe every time they pull into a gas station and for reminding Washington why it needs to act swiftly to...roll back unnecessary tax incentives for oil companies."
Sen. Chuck Schumer, D-NY
Both the U.S. House of Representatives & the Senate are controlled by the Democrats that claim they feel your pain---they haven't done anything yet.
