The company said it earned $6.57 billion in the quarter, the lowest since the first quarter of 2010, on revenue of $87.28 billion. Last year Exxon earned $8.35 billion on revenue of $110.86 billion.
Airlines will save billions this year thanks to cheaper jet fuel, but they aren’t likely to share the bounty with passengers — not while so many flights are already full.
As holiday shoppers look for deals the best one could be found at the gas station.
Retail gasoline prices across Texas have continued their slide by falling a nickel this week. AAA Texas on Thursday reported the average price at the pump has slipped to $3.18 per gallon.