Jane Hamsher blogging today asks: Will Salazar Let BP Wait 20 Years To Compensate Gulf Fishermen? What she is referring to is the 20 years it took for compensation to come out from the Exxon-Valdez spill. The problem is this wasn’t because of the executive branch or any administration. Jane even states the reason for […]
Exxon Mobil has biggest profit ever at $11.68B. Don’t you feel great for helping them out like that?
John Roberts proves who he is worried about – corporations: Exxon Mobil, the giant oil corporation appearing before the Supreme Court yesterday, had earned a profit of nearly $40 billion in 2006, the largest ever reported by a U.S. company — but that’s not what bothered Roberts. What bothered the chief justice was that Exxon […]
17,000 jobs lost in January. Wow: The economy lost 17,000 jobs in January, the Labor Department reported on Friday, an unexpected decline that marks the most striking evidence yet that the United States may be slipping into a recession. But don’t let that bad news get you down. Exxon has set another record profit year: […]
This is rather interesting: Officials from six major oil companies have refused to testify this week at a Senate hearing looking into whether oil industry mergers in recent years have made gasoline more expensive at the pump. With oil companies reporting record profits from higher energy prices, consumer groups have complained that mergers in the […]