Oil Profits

Chevron Seeks Money from Wounded and Tortured Protesters

David Weiner | Posted 03.12.2009 | World


David Weiner

Just what is Chevron trying to prove with these actions? Do they really need the money, which includes $190,000 in photocopying charges, and that accounts for less than a rounding error for the company?

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

Raymond J. Learsy | Posted 03.03.2009 | 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?

Bush By The Numbers: Harper's Index Says Goodbye

Harpers | Posted 02.14.2009 | Media


Number of news stories from 1998 to Election Day 2000 containing "George W. Bush" and "aura of inevitability": 206 Amount for which Bush successful...

Venezuela's Oil Income 225 Percent Higher In Early 2008

AP | RACHEL JONES | Posted 02.02.2009 | Business


CARACAS, Venezuela — Record prices boosted Venezuela's oil income by 225 percent in the first nine months of 2008, allowing the state-run oil co...

Obama And Oil Companies: Did The President-Elect Just Break His First Campaign Promise?

Mother Jones | Posted 01.03.2009 | Green


Did Barack Obama just break his first campaign promise? On the campaign trail, Obama railed against big oil companies. He often criticized John McC...

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

Chelsea Green | Posted 12.11.2008 | 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...

ExxonMobil Posts Biggest Quarterly US Profit In History

AP | Posted 11.30.2008 | 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 ...

Shell Profits Rise 22 Percent

AP | TOBY STERLING | Posted 11.30.2008 | Business


AMSTERDAM, Netherlands — Royal Dutch Shell PLC, Europe's largest oil company, Thursday reported a 22 percent jump in net profit for the third qu...

Oil Business Not So Bad: BP Posts 83 Percent Profit Growth

AP | EMILY FLYNN VENCAT | Posted 11.28.2008 | Business


LONDON — British oil company BP PLC reported a huge 83-percent rise in third-quarter net profit Tuesday on the back of surging energy prices bet...

Project FREE: The Next Apollo Program Both Candidates Should Embrace

Eric Greenberg and Karl Weber | Posted 09.28.2008 | Green


Eric Greenberg and Karl Weber

The next administration should implement a massive national program to innovate the next generation of carbon-emission-free energy based on hydrogen, fusion, or other technologies.

The October Surprise Shouldn't Come as One

Trey Ellis | Posted 09.15.2008 | Politics


Trey Ellis

What will it be? A nod to Israel to bomb Iran? An American-engineered coup in Pakistan? Whatever it is, it is coming and if Obama intends to weather the dirty trick he will have to be prepared.

More US Oil Drilling: A Boom for Big Oil, A Bust for Consumers

Mark Cooper | Posted 09.13.2008 | Green


Mark Cooper

More domestic drilling means more product for oil companies to sell at the high world market price. The consumer doesn't see a cent, while oil companies rake in even more cash.

Big Oil Big on Profits, Small on American Values

Alan Rosenblatt | Posted 09.07.2008 | Green


Alan Rosenblatt

Until oil companies start acting like they are on the American team and help us reduce ALL oil consumption, I will be glad we have lots of grassroots advocacy campaigns to keep the pressure on them.

Sierra Club RAW: John McCain, Big Oil's Bestie as Record Profits (and Campaign Cash) Roll In

Josh Dorner | Posted 08.13.2008 | Business


Josh Dorner

After hitting a real gusher of campaign cash from Big Oil, what does McCain propose to do about high gas prices and obscene oil company profits? Why, he wants to give Big Oil a Texas-sized tax cut.

Big Oil's biggest quarter ever: $51.5B in all

AP | JOHN PORRETTO | Posted 08.10.2008 | Business


HOUSTON — Oil giants Chevron Corp. and Total SA wrapped up a string of gargantuan, record-breaking earnings reports Friday, a stretch in which s...

Oil Profits Shatter Records

AP | JOHN PORRETTO | Posted 08.08.2008 | Business


HOUSTON — Exxon Mobil Corp. reported second-quarter earnings of $11.68 billion Thursday, the biggest profit from operations ever by any U.S. cor...

Shell's Record Profit Fueled By High Oil Prices

AP | TOBY STERLING | Posted 08.08.2008 | Business


AMSTERDAM, Netherlands — Royal Dutch Shell PLC reported a 33 percent jump in second-quarter profits Thursday, its biggest quarter ever at $11.6 ...

Oil Earnings Mixed On "Weak" Gasoline Margins

AP | JOHN PORRETTO | Posted 08.07.2008 | Business


HOUSTON — The roiling global oil market continues to pick its winners and losers, as oil giant BP PLC reported a 28 percent rise in second-quart...

Jason Linkins

McCain Pushes Drilling: "Oil Executives Say...We Could Get Results From It" (VIDEO)

HuffingtonPost.com | Jason Linkins | Posted 07.30.2008 | Politics


John McCain addressed a town hall meeting in Rochester, NY, today, and the line that everyone will be talking about, or would, if anyone in the media ...

Ferraris Not Good Enough Anymore: Oil Profits Inspire "Conspicuous Consumption"

Wall Street Journal | Margaret Coker | Posted 07.11.2008 | Business


ABU DHABI, United Arab Emirates -- With oil near record highs, the Persian Gulf is awash in cash, stimulating a return to some very conspicuous consum...

Squeezed Dry

Max Fraad Wolff | Posted 07.10.2008 | Business


Max Fraad Wolff

The long term massive substitution of technology-driven innovation, fueled with cheap wages and energy, may be at increasing risk. Rising energy costs are hard to substitute around.

Oil CEOs: High Prices, Fat Paychecks

BusinessWeek | Moira Herbst | Posted 06.25.2008 | Business


As consumers around the world struggle to fill their gas tanks, captains of the oil industry are getting a raise. Starting with info provided by Capi...

Chevron's 1Q profit of $5.17B marks Big Oil's latest gusher

AP | MICHAEL LIEDTKE | Posted 05.12.2008 | Business


SAN RAMON, Calif. — Astounding profits in the oil industry are becoming as routine as the anguished looks of motorists filling up their gas tank...

Obama Proposal May Levy $15B Tax On Oil Company Profits

Bloomberg | Daniel Whitten | Posted 05.09.2008 | Business


Democratic presidential candidate Barack Obama's proposal for a windfall profits tax on oil companies could cost $15 billion a year at last year's pro...

Stolen Oil Profits "Money Pit" Of Iraq Insurgency

New York Times | RICHARD A. OPPEL Jr. | Posted 03.28.2008 | Politics


The Baiji refinery, with its distillation towers rising against the Hamrin Mountains, may be the most important industrial site in the Sunni Arab-domi...