Why do people blame XOM for government regulations..
If you ever ran a business you would know you don't do anything that doesn't add to the bottom line. Xom should be no different than McDonalds. Do you blame McDees because the price of beef is up, because they use so much of it. No I as a sharholder of Xom do not want them to do charity work I want them to make a profit so I can benefit.Your comment is crazy XOM has had every opportunity to increase domestic drilling and production just like numerous other companies in the US have done, instead of instituting an 8% production decline in the last year to inflate the prices- ON PURPOSE.