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Why Americans Hate Politics

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Tag: Exxon


Sacrificing the Vulnerable, From Gaza to America

The abandonment of Gazans, some of the planet’s most powerless people, illustrates how all who are vulnerable are now routinely sacrificed by our political elites.

Posted on Sep 14, 2014 READ MORE



For Exxon Mobil CEO, Fracking’s Fine, Just Not In His Backyard

The contentious practice of hydraulic fracturing—commonly referred to as “fracking,” thus offering opponents a handy resemblance to a popular expletive—isn’t something Exxon Mobil’s head honcho, Rex Tillerson, has opposed.

Posted on Feb 25, 2014 READ MORE



Flickr/Steve Snodgrass

Exxon Lied About Oil Pipeline Rupture, Documents Show

According to newly released documents, Exxon Mobil—the world’s most profitable corporation—knew that contamination from a tar sands crude oil spill in Arkansas this year was dangerous and yet, the company downplayed it anyway.

Posted on Jun 3, 2013 READ MORE



AP/Jeannie Nuss

Exxon Threatens to Arrest Reporters for Entering Arkansas Oil Spill Site

The oil giant is sure doing its best to prevent journalists from covering the recent oil spill from its Pegasus pipeline in Mayflower, Ark., reporters say. And unfortunately for them, a pliant county sheriff’s office has shown it’s all too willing to help Exxon Mobil out.

Posted on Apr 7, 2013 READ MORE



Flickr/TomaBw

Big Corporations Put Up Seed Funding for GOP Dark Money Group

Like the nonprofit groups that poured money into last year’s elections, the decade-old State Government Leadership Foundation has been able to keep the identities of its funders secret. Until now.

Posted on Feb 17, 2013 READ MORE



Screenshot

Big Oil Raked in Billions as Consumers Paid Record Gas Prices

While you were paying record prices at the pump in 2012, the cash was flowing to oil companies such as Exxon Mobil and Chevron, according to recently released earning reports.

Posted on Feb 3, 2013 READ MORE



Flickr / World Economic Forum

Exxon Posts Enormous Profits

While a host of social welfare programs sit on the congressional chopping block, Exxon Mobil pulled in a near-record first-quarter profit of $10.65 billion.

Posted on Apr 28, 2011 READ MORE


Lessons of the Exxon Valdez

Twenty years ago, the Exxon Valdez supertanker spilled at least 11 million gallons of oil into Alaska’s pristine Prince William Sound. The consequences of the spill were epic and continue to this day, impacting the environment and the economy.

Posted on Mar 24, 2009 READ MORE


What Else Is New? Economy Slumps, Oil Profits Surge

Despite the massive federal stimulus package, national GDP only grew 1.9 percent from April to June, the Commerce Department has announced, and it actually shrank in the last quarter of 2007. Meanwhile, high gas prices, supposedly reflecting costs, spiked profits of oil companies, with Exxon recording its most profitable quarter ever. In fact, reports the NYT, “It was the highest quarterly profit ever for any American company, as Exxon made nearly $90,000 a minute.”

Posted on Jul 31, 2008 READ MORE


Schumer on oil
AP photo / Charles Dharapak

Happy Oil Dependence Day

As we head into the Fourth of July weekend of patriotic bluster and beer swilling—but before we are too besotted with ourselves—might we also for once consider our imperfections? Why not take a moment to heed the cautions of our founding father, George Washington, whose true legacy will most likely be ignored during the flag-waving weekend?

Posted on Jul 1, 2008 READ MORE



NOAA

Supreme Court Slashes Exxon Valdez Penalty

Nineteen years ago, the Exxon Valdez supertanker struck a reef in Alaska, causing an environmental catastrophe so devastating its impact continues to be felt. A court later slapped Exxon with $5 billion in punitive damages, but on Wednesday the Supreme Court ruled that the oil giant shouldn’t have to pay more than about a tenth of that amount.

Posted on Jun 25, 2008 READ MORE


War Memorial

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Posted on Jun 22, 2008 READ MORE



Flickr / azrainman

$10.9 Billion Ain’t What it Used to Be

Exxon Mobil made $10.9 billion last quarter, but investors were disappointed that the world’s biggest oil company had only its second-biggest quarter ever. With a product that is harder and harder to find, shareholders who demand even bigger windfalls and consumers who are about ready to revolt, you almost have to feel sorry for the oil companies. No, you really don’t.

Posted on May 1, 2008 READ MORE


oil tanker
flickr.com

Aboard the Condoleezza Rice

Whadda you mean “we,” Mr. TV Pundit? When you say “we” are doing better in Iraq or, even more absurd, that “we” were right to invade that country in the first place, are you putting Joe Blow American in the same bag as the top officers of Exxon, which made $40.6 billion in profit last year?

Posted on Feb 12, 2008 READ MORE


Kott
AP photo / Al Grillo

Corruption Scandal Rocks Alaska Politics

The federal corruption probe that first blew the lid off the Alaskan political scene a year ago with the discovery of $32,200 in cash stashed away in the home of Republican Pete Kott, former speaker of the Alaskan House of Representatives, has since spread like an oil slick, leaving precious few prominent lawmakers unstained.

Posted on Nov 12, 2007 READ MORE


Profits up 40% at Shell, 36% at Exxon

No need for creative accounting at these outfits: It’s good to be an oil company these days.

Posted on Jul 27, 2006 READ MORE


AL Gore smear
From crooksandliars.com

Exxon-Backed Pundit Compares Gore to Nazi Propagandist

Sure, it’s despicable. But it’s also a bit gratifying to see how low Big Oil has to stoop to try to squelch Al Gore’s message.

Posted on May 24, 2006 READ MORE


GOP Gas Company Loyalists

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Posted on Apr 28, 2006 READ MORE


Exxon Posts Huge Profits as Gas Prices Soar

Exxon announced first-quarter profits of $8.4 billion. Gas prices are averaging over $3 per gallon. ‘Nuf said.

Posted on Apr 27, 2006 READ MORE


Exxon's ex-chairman Lee R. Raymond

Exxon Paid Its Ex-Chairman $686 million

As gas prices soar across the nation, Exxon’s board paid its recently-retired chairman, Lee R. Raymond, over $686 million since 1993—with $400 million of that coming in his final year with the company.
A compensation payout like that got N.Y. Stock Exchange Chairman Richard Grasso sued.

Posted on Apr 14, 2006 READ MORE


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