28 Jun '12, 3pm

Exxon boss cries over natural gas glut, tells us we’re climate crybabies

Rex Tillerson: Chill out, world! [If anyone out there knows how to code, I'd love to put a little widget down below where it says HA_WIDGET. All it needs to do is print the word "HA" over and over again until the end of time. Like, literally, forever. Thanks.] Yesterday, ExxonMobil CEO Rex Tillerson complained that, “We are all losing our shirts today. We’re making no money. It’s all in the red.” HA_WIDGET Tillerson’s complaint of course wasn’t about oil. In oil, his company is so far in the black that black holes are getting sucked into its gravitational field. Last year, ExxonMobil earned profits totaling $41 billion . In other words, the company made $78,000 every single minute of the year. January 1, 12:01 am: $78,000. January 1, 12:02 am: $78,000. ExxonMobil made more in a minute than the average American household makes in a year — with $26,000 to spare. ExxonMobil c...

Full article: http://grist.org/news/exxon-boss-cries-over-natural-gas-g...

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