Oil Company Makes Record Profits But Still Wants To Charge You More
While the economy is going down the drain, the oil companies are raking in record profits. Exxon, most famous for killing thousands of animals when their ship spilled oil in 1989, has posted the highest quarterly profits by any US company.
This quarter Exxon made $11.68 billion. That’s up 58% compared to last year’s second quarter. Don’t worry though, OPEC is planning on meeting in November to discuss lowering the availability of oil to raise prices.
It seems that Exxon is making it so we have to decide to spend our money on food or gas.
For related news, check out Environment.
Photo /Ryanrules on Creative Commons
- Posted by Causecast
- |
- Go to original article
Related causes: Environment
Related Articles
-
Peace Advocates Call For Nationwide Phone-In November 23 Against War In Afghanistan
Monday, November 23, a coalition of peace groups will call on Americans to campaign against the e...
- 11.21.09
- |
- 12:34pm
-
My Ad Council: Share PSAs Through Social Networking To Make A Daily Difference
The Ad Council has launched a new site targeted at expanding the power of PSAs through social net...
- 11.20.09
- |
- 04:22pm
-
Universal Declaration On Animal Welfare Makes Headway In Canada
Animal activists around the world have been working to implement a Universal Declaration on Anima...
- 11.20.09
- |
- 02:19pm
-
The World's First Sustainable Sushi Restaurant (VIDEO)
In the mood for sushi, but want a sustainable option? Learn about one restaurant that's made the ...
- 11.20.09
- |
- 01:30pm
-
Idealist Launches Global Network
This week, Idealist.org brought their global community to a whole new level when they launched a ...
- 11.20.09
- |
- 01:07pm
