Raymond J. Learsy: Exxon Rakes in Record $10 Billion Quarter

Clearly OPEC is Exxon's greatest ally. It has been OPEC's collusionary cuts in oil production that permitted the price of oil to skyrocket. According to a newly awakened New York Times "from a low of around $50 barrel in early 2007 to near $100 barrel by the end of the year -- the biggest jump in oil prices in any one year"

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