WASHINGTON — Exxon Mobil reported $10.4 billion in second quarter profits July 27, the second highest quarterly profits for any publicly traded company in U.S. history. Shell profits jumped 40 percent to $7.32 billion in the second quarter while BP profits soared 30 percent to $7.3 billion. Houston-based Conoco Phillips reported $5.18 billion, 65 percent … Continue reading Huge oil profits linked to economic slowdown