Oil & the economy

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Someone should ask me how upset I am that Exxon’s profit fell this year.   Really. 
 
It amazes me that people are talking about this in the news as a sign that the oil industry is in trouble.   Look, people, Exxon did not lose money.   The company did not take a 33% loss.  They lost 33% of their PROFIT.  Boo-freakin’-hoo.  This is the same company that posted the record, all-time high profit last quarter.  They still posted a huge profit.
 
It must really annoy me, because I don’t even feel like continuing to rant about it.  
 
Sometimes, people are dumb.
 

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