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Oil giant Exxon Mobil said Thursday it earned $10.36 billion in the second quarter. The announcement comes amid record gas prices in the United States. The figure is the second largest quarterly profit ever recorded by a publicly traded U.S. company. In January, Exxon posted the highest quarterly profits of any public company in history: $10.71 billion. After the news broke this morning, the company's stock hit an all-time high. Meanwhile, OPEC says it's unable to do anything to stop surging oil prices.

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Exxon Posts 10.36 Billion in Profits: But it Wasn't Because of High Gas Prices

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