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: […]
Might I suggest buying some gas. Perhaps you should get it from Exxon – who is set for another record profit year: Exxon is expected to make $39.2 billion for all of 2007, just shy of its previous record of $39.5 billion in 2006, which breaks down to the company earning about $75,000 a minute. […]
The UN report on climate change has come out and says global warming is now “unstoppable”. So who do we thank for getting to this point? Here is a starter: Scientists and economists have been offered $10,000 each by a lobby group funded by one of the world’s largest oil companies to undermine a major […]
That is the profit Exxon Mobile earned last year – $39.5 billion. But we should feel sorry for them! I wish I made $75,000 in the time it took me to write this post.
Aww we got Bush watching us for us dumb Americans: President George W. Bush said on Tuesday he is “concerned” about high gasoline prices, and pledged that the government will keep a close watch out for profiteering. “I’m concerned about higher gasoline prices,” Bush said. “The government has the responsibility to make sure that we […]
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 […]
Exxon has posted a 75% in their quartirly profits taking them to almost $10 billion. True our government does not show favoritism to the oil industry.
The Boston Herald reports today that Exxon is expected to make more than $10 billion in profits for this quarter. Kind of nice for a company that has not felt the crunch of Hurricane Katrina like all other Americans are. Oil companies came under new fire yesterday when it emerged that ExxonMobil’s profits are likely […]
We feel the pinch every time we have to fuel up. Gas prices continue to climb closer to the $3.00 a gallon mark. Yesterday, oil prices alone hit an all time high of $66.00 a barrel, and expected to hit $70.00 a barrel within a week. So what lies in the future of our economy? […]