This is not “shocking” nor “surprising,” but watch our officials try and act like it is. Lil’ ol me, who is not in the oil industry, has been reading about this for at least the past five years. Probably longer. Simple math: We need more oil than we can produce. Even if we “cut back,” […]
This can’t go by without comment. Exxon, who made $10 billion in profit this year (that’s with a ‘B’ in case you missed it), thinks it shouldn’t have to pay the $5 billion in damages from when their drunk tanker captain ruined half of Valdez. (anyone who tells you Valdez has been “cleaned up” has […]
NEW YORK (Reuters) – Exxon Mobil Corp. on Thursday posted a quarterly profit of $9.9 billion, the largest in U.S. corporate history, as it raked in a bonanza from record oil and gas prices. Yeah. I shoulda bought stock all those years ago. This is why they need govt. assistance to build more refineries, by […]