Record-setting profits for oil companies

Earning nearly $19 billion, Exxon-mobile’s profit set a record for the second straight quarter as oil and gas prices remained high up 177% from a year ago.

COLUMBIA, S.C. (WOLO)— Earning nearly $19 billion, Exxon-mobile’s profit set a record for the second straight quarter as oil and gas prices remained high up 177% from a year ago.

The number two U.S. oil company, Chevron, also posted much-better-than-expected results, earning nearly $11 billion.

That is nearly double what it made a year ago.