The high price of oil and the extreme profit Exxon Mobil made in 2007?

I know there has to be a simple answer here and I missing something... 2007 was the highest gas prices we have ever seen because of the high price of oil right?.. So how in the hell does Exxon Mobil in 2007 report the biggest annual profit on record. Doesn't make any sense to me. They raise the price of gas because the price of oil goes up. Where is this extreme profit being made. Its like the 3rd year in a row this has happened!! I mean come on, 40 billion!!The high price of oil and the extreme profit Exxon Mobil made in 2007?
The large amount of profit was derived from several reason. The main reason is because of the increase of crude oil price, which has peaked to about $100 per barrel last year. Imagine if one oil well produce 100,000 barrel per day. Exxonmobil is the world largest crude oil producer, and has thousands of oil well all over the world, no wonder they can earn that much.The high price of oil and the extreme profit Exxon Mobil made in 2007?
There are TWO (2) gas companies our motorcycle club refuse to use Exxon and Citco. Both buy their oil real cheap and sell at huge profits.
Exxon is the largest or the second largest company in the world, some years Wal-Mart does better. It doesn't surprise me at all that they made so much money. If you think gas costs too much then stop buying it. Also, remember that America pays less for gas than any other country in the world.
It's called mark ups. It costs the consumers around 1.08 per litre (here in Canada). But it costs the oil companies something like .55 to drill and produce a litre of gas.