Gas Prices Are Lower But Oil Profits Are Still Sky High

Andrew Adams, KSL NewsradioThe oil business is still raking in the cash - even with gas prices much lower than they were this summer. Exxon set a record in the fourth quarter at 39.5 billion in profits.

"Staggering numbers, and yet here we are just trying to get by month-to-month."

"I think they need to look into it and take some of that money from them."

You see google and McDonald's and Exxon is way down on the list.

"It's a little bit of a misconception that we are the only ones in the country that are making money and that's simply not the case."

Utah Petroleum Association President Lee Peacock says Exxon cleared 10-and-a-half cents per dollar earned, while yahoo and google had four-times that margin. He says a big company simply posts a big number.

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