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Exxon

Had Enough?

Jonathan A. Schein | Posted 05.25.2011 | Business
Jonathan A. Schein

The next time you pull up to a filling station, think about this: do we really need to help a company earn $45.2 billion in profits when the global economy is teetering on a very precarious perch?

A New Movement

Amy Ephron | Posted 05.25.2011 | Politics
Amy Ephron

There is a movement to strip billions of dollars from the stimulus bill led by Ben Nelson of Omaha (whose Democratic status is debatable) and Susan Collins (Republican) of Maine.

"Exxon Profit Down 33% in the Fourth Quarter": Please Pity Poor Exxon!

Raymond J. Learsy | Posted 05.25.2011 | Business
Raymond J. Learsy

How many Americans would have a little more in their savings accounts to see them through tough times if some new alibi didn't enshrine each new high in the price of oil?

Exxon Mobil Reports Record $45.2 Billion Profit For 2008

AP | JOHN PORRETTO | Posted 05.25.2011 | Business

HOUSTON — Exxon Mobil Corp. on Friday reported a profit of $45.2 billion for 2008, breaking its own record for a U.S. company, even as its fourt...

Exxon CEO Doesn't Think Obama Can Meet Green Goals

Reuters | Posted 05.25.2011 | Green

Exxon Mobil CEO Rex Tillerson said on Thursday it would be difficult to meet President-elect Barack Obama's goal to significantly boost U.S. alternati...

"Fisherma'am" Proposes 28th Amendment: Separation Of Corporation And State

Chelsea Green | Posted 05.25.2011 | Green

Every so often an idea comes along that rings with such clarity and purpose that it ignites the imaginations of millions of people. That spark of exci...

Three Strikes Against John McCain

Marguerite Manteau-Rao | Posted 05.25.2011 | Green
Marguerite Manteau-Rao

The fact that we hold only 3% of the world's oil reserves, and yet consume 25% of it, makes it clear that we cannot drill our way out of our current energy dependence.

ExxonMobil Posts Biggest Quarterly US Profit In History

AP | Posted 05.25.2011 | Business

HOUSTON - Exxon Mobil Corp., the world's largest publicly traded oil company, says it shattered its own record for the biggest profit from operations ...

Palin: Pallin' With Hypocrisy

Shannyn Moore | Posted 05.25.2011 | Politics
Shannyn Moore

According to Palin's qualifications of "pallin' around," John McCain and G. Gordon Liddy are practically blood brothers.

When Not Drooling Wins and the Environment Loses

Jeff Schweitzer | Posted 05.25.2011 | Politics
Jeff Schweitzer

String Theory holds that the universe actually is comprised of multiple dimensions, as many as 26. Palin and her supporters occupy something beyond our familiar three, plus time.

Oil Companies Bid To Divvy Up Western Gulf Of Mexico

AP | DINA CAPPIELLO | Posted 05.25.2011 | Green

WASHINGTON — Energy companies bid hundreds of millions of dollars Wednesday to explore for oil and natural gas beneath 1.8 million acres in the ...

Goodbye Good Ole Boys, Hello Hollywood? How Will Obama Handle the Oil Industry?

Vivian Norris | Posted 05.25.2011 | Business
Vivian Norris

The Republicans will always back a pro-oil immediate future, until their own voters, and the lobbyists filling their coffers with dollars, stop supporting them.

San Francisco Donates 276 Recycling Bins To Houston

Stephen Elliott | Posted 05.25.2011 | Politics
Stephen Elliott

In areas of Houston with recycling programs there is up to a ten year wait for an 18 gallon bin. There are 25,000 people in the city on the list.

Seth Colter Walls

DNC Parodies Cornyn Ad To Hit McCain On Big Oil Donations

HuffingtonPost.com | Seth Colter Walls | Posted 05.25.2011 | Politics

The Democratic National Committee has unveiled another portion of its Exxon-McCain '08 ad campaign, and it's clearly designed to go viral. Just over ...

Offshore Oil: What Would Sun Tzu Do?

Richard Arthur | Posted 05.25.2011 | Green
Richard Arthur

Let's keep our oil safe in the ground or under our oceans for that time in the future when the price of oil is, well, nationalized and, hence, priceless.

GOP Follows the Money... All the Way to Big Oil

Matthew Miller | Posted 05.25.2011 | Business
Matthew Miller

Big Oil makes record profits, and in turn, sends millions more back into Republican campaigns. Everyone wins except for average Americans who find themselves paying record high gas prices.

When Harm Goes Unpunished: Why Congress Should Overturn the Supreme Court's Exxon Valdez Decision

Riki Ott | Posted 05.25.2011 | Green
Riki Ott

No community should have to go through what we have been through. Livelihoods have been lost, financial stress has broken families apart, and businesses supported by fishermen have crumbled.

How McCain and Crist Help Big Oil Change the Subject

Alan Fein | Posted 05.25.2011 | Business
Alan Fein

With more concentration of market power in the oil industry, more manipulation of supply, and more profiteering in the absence of competition, the drilling debate is just an attempt to change the subject.

Justice for All?

Carl Pope | Posted 05.25.2011 | Politics
Carl Pope

The Court failed to address that oil companies have repeatedly and flagrantly operated their fleets recklessly and have offered no solution to the problem.

Court Spares Exxon $2 Billion In Damages From Valdez Spill

AP | PETE YOST | Posted 05.25.2011 | Politics

WASHINGTON — The Supreme Court on Wednesday slashed the $2.5 billion punitive damages award in the Exxon Valdez disaster to $500 million, a deci...

Exxon To Exit Retail Gas Business In US

Reuters | Michael Erman | Posted 05.25.2011 | Business

Exxon Mobil Corp said on Thursday it is getting out of the retail gas business in the United States as sky-high crude oil prices squeeze margins. Tho...

If You Apply the 1% Cheney Doctrine to Climate Change: Exxon Deserves a 'Shock & Awe'

Max Keiser | Posted 05.25.2011 | Business
Max Keiser

Climate change, according to the Pentagon, poses a greater threat than terrorism. So how come the Pentagon is spending 1.5 trillion a year on secondary targets like Al-Qaeda and ignoring the primary threat?

Exxon Chief Beats Back Challenge From Rockefellers

New York Times | Clifford Krauss | Posted 05.25.2011 | Business

Exxon Mobil's chairman and chief executive, Rex W. Tillerson, defeated a shareholder effort on Wednesday to take away one of his jobs at an annual mee...

Awash In Profits, Exxon Extracting Every Penny From Its Franchisees

Washington Post | Steven Mufson | Posted 05.25.2011 | Business

Every time Sohaila Rezazadeh rings up a sale at her Exxon station on Chain Bridge Road in Oakton, her cash register sends the information to Exxon Mob...

Exxon Skimps On Oil Production To Boost Profits

BusinessWeek Via MSN | Posted 05.25.2011 | Business

Reports of slackening demand sent oil down another 2.5% on Thursday to $101.84 per barrel. Crude prices have declined 7.6% since the beginning of the ...