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Tuesday, November 1, 2011

Big Oil’s Scary Haul: $100 Billion And Counting

Big Oil’s Scary Haul: $100 Billion And Counting: The combined profits of the Big Five oil companies — ExxonMobil, Shell, BP, ConocoPhillips, and Chevron — has already exceeded $100 billion this year. Tabulated by Oil Change International’s Ross Hammond, the profits from the first three quarters of 2011 are a combined $102.85 billion, much of it plowed into stock buybacks and outrageous executive [...]/  Read More Here

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