Truthdig - Tag - Exxon-mobil

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Tag: Exxon-mobil

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Mission Accomplished for Big Oil?

By Greg Muttitt, TomDispatch —

Big Oil has replaced U.S. troops in Iraq, and the country’s oil output, crippled for decades, is growing again, with Iraq recently reclaiming the number two position in the Organization of the Petroleum Exporting Countries. Now there’s talk of a new world petroleum glut. So is this finally mission accomplished?

This piece originally appeared at TomDispatch.

Posted on Aug 23, 2012 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.