Why Your Gas is $3+ Per Gallon

ExxonMobil reported quarterly profits of $10.3 billion today. That used to be a great YEAR for the biggest corporations. Now it's simply a quarterly performance benchmark. This is the second highest on record surpassed only by another earnings period by Exxon last year.

So, this is where your gas money is going. Also where your tax money is headed. The Bush Energy Policy provided billions of your tax dollars for the energy industry last year. Good to see them putting the cash in a desperate industry instead of Katrina relief. There's nothing like having your priorities straight.