Staff / TruthdigFeb 1, 2007
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. Dig deeper ( 1 Min. Read )
Staff / TruthdigJan 8, 2007
Following in the footsteps of big tobacco, ExxonMobil paid 43 ideological groups $16 million to attack the science behind global warming, according to the Union of Concerned Scientists. The real scandal isn't that Exxon paid such groups to pimp its version of "reality," but that the media felt obligated to take an "on the other hand" approach in reporting those fringe assertions about climate change. Dig deeper ( 1 Min. Read )
Staff / TruthdigMay 24, 2006
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. Dig deeper ( 1 Min. Read )
Staff / TruthdigApr 27, 2006
Exxon announced first-quarter profits of $8.4 billion. Gas prices are averaging over $3 per gallon. 'Nuf said. Dig deeper ( 1 Min. Read )
Staff / TruthdigApr 15, 2006
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. Dig deeper ( 1 Min. Read )
Staff / TruthdigFeb 19, 2006
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. Dig deeper ( 1 Min. Read )
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