Steve Snodgrass via Flickr/CC BY 2.0 I'm not sure this can even be considered news anymore, given the regularity with which it happens: ExxonMobil has posted massive earnings. Again. The oil giant claims quarterly earnings of $10.3 billion dollars, bringing the yearly total thus far to $31 billion. And yet, this obscenely profitable company still gets annual federal handouts to the tune of billions of dollars a year. To make matters worse, Read the full story on TreeHugger
Akita Journey is a blog about finding an alternate way to power our planet. Our footprint doesn't have to be that big. Working together, we can solve the problems that plague our earth today.
Saturday, October 29, 2011
Exxon's Profits Hit $31 Billion So Far This Year, Yet Big Oil Subsidies Flourish
Steve Snodgrass via Flickr/CC BY 2.0 I'm not sure this can even be considered news anymore, given the regularity with which it happens: ExxonMobil has posted massive earnings. Again. The oil giant claims quarterly earnings of $10.3 billion dollars, bringing the yearly total thus far to $31 billion. And yet, this obscenely profitable company still gets annual federal handouts to the tune of billions of dollars a year. To make matters worse, Read the full story on TreeHugger
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment