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By Alan Abramowitz
By Ellen Goodman, Patricia O'Brien $18.85
$18
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 Space & Light (CC BY-SA 2.0)
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In a bid to remain the world’s top oil producer, Russia is partnering with Exxon Mobil and a number of other foreign oil companies to develop plans to get at reserves deep beneath the Arctic crust as early as 2020.
Posted on May 25, 2012
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 abcnews.com
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Resilient and ultimately morally bankrupt, international oil darling Exxon Mobil has managed to take the 2008 medal for most profitable American corporation, despite a 33 percent fall in fourth-quarter earnings.
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The oil company notched an annual profit of $39.5 billion, the largest ever by a U.S. company. You can leave your Ph.D. at home when connecting the dots between this and the Iraq war.
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On the heels of Exxon Mobil’s record-setting $10-billion quarterly profit, the “federal government is on the verge of one of the biggest giveaways of oil and gas in American history, worth an estimated $7 billion over five years.”
It’s nice being an oil baron when two oilmen head the government.
Posted on Feb 18, 2006
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