Exxon earns nearly $11B in 1Q, best since '08

NEW YORK (AP) -- Exxon earned nearly $11 billion in the first quarter, a performance likely to land it in the center of the national debate over high gasoline prices.Exxon Profits

Exxon makes about 2 pennies profit off of every gallon of gas that I buy from them, I pay the government (Fed and California) about 66 pennies for every gallon that I buy from Exxon, plus hundreds of dollars in taxes annually for the vehicle that I put it in, and that does not include the up front taxes when we buy the car.