27 Oct '11, 8pm

Exxon's Profits Hit $31 Billion So Far This Year, Yet Big Oil Subsidies Flourish

Rising oil prices worldwide mean rising profits for the major oil companies. Rocket science it ain't. Here's a report from CNN Money (via Think Progress Green ): Exxon Mobil reported quarterly earnings of $10.3 billion on Thursday, a surge of 41% from a year earlier. Why? Higher prices for oil and natural gas. Profit at the oil company soared compared to the same period a year ago, when it was $7.4 billion. Per-share income climbed to $2.13 per share from $1.44 in the prior year. And revenue rose to $125.3 billion from $95.3 billion in the year-ago quarter, the company said. Exxon's not the only one hitting it big: BP too has doubled its earnings from the same quarter last year, pulling in $4.9 billion in Q3. And according to CNN, "Chevron is scheduled to report third-quarter earnings on Friday. The company is expected to announce revenues of nearly $70 billion, an increas...

Full article: http://www.treehugger.com/files/2011/10/exxons-profits-hi...

Tweets

Exxon's Profits Hit $31 Billion So Far This Yea...

treehugger.com 27 Oct '11, 8pm

Rising oil prices worldwide mean rising profits for the major oil companies. Rocket science it ain't. Here's a report from...

ONE YEAR AGO

potcheeks.blogspot.com 29 Oct '11, 6am

THE BATTLE OF THE CHI AND GOODBYES TEARDROP RELAPSE QUITTERS GON QUIT! #FIRSTEXHIBITION Dr Martens x Zouk SOMETIMES THEY C...

This is the weekend we hit 7 billion: #population

This is the weekend we hit 7 billion: #population

grist.org 28 Oct '11, 5pm

Well, the 7 billionth baby is expected to arrive around Halloween. Spooky! Here's what you should read to prepare. "I am t...

Mitt Romney's Energy Plan: Boost Big Oil, Slash Environmental Protections

Mitt Romney's Energy Plan: Boost Big Oil, Slash...

treehugger.com 26 Oct '11, 7pm

Yes, I know the polls still put Herman Cain up near the top. But have you seen this? If not, watch 'till the end--it is ut...

Killing Wolves: A Product of Alberta’s Big Oil ...

e360.yale.edu 27 Oct '11, 12pm

Killing Wolves: A Product of Alberta’s Big Oil and Gas Boom The development of the tar sands and other oil and gas fields ...

Moms & Tots Mega Big Bargains

Moms & Tots Mega Big Bargains

sg.everydayonsales.com 28 Oct '11, 5am

Get a wide range of lifestyle products being cleared off at Crazy wholesale prices! Enjoy massive discounts on lifestyle p...

End the year with a sporting high this December!

End the year with a sporting high this December!

events.insing.com 31 Oct '11, 2am

Definitely not for the weak of lungs, faint of heart or unconditioned legs, the MR25 Cross Country Ultra Marathon is tough...

Updated on 31 OCT11

sgflea.livejournal.com 31 Oct '11, 9am

« previous entry | next entry » Oct. 31st, 2011 | 04:05 pm posted by: lacedwithbows in sgflea sold items have been removed...

Oil prices ease at end of strong week: NEW YORK - World oil prices fell Friday as investors took profits from bu...

Oil prices ease at end of strong week: NEW YORK...

channelnewsasia.com 28 Oct '11, 8pm

NEW YORK - World oil prices fell Friday as investors took profits from bumper gains made during a week that saw the promis...

35 Congressmen Move to Kill $122 Billion in Subsidies to Big Oil

35 Congressmen Move to Kill $122 Billion in Sub...

treehugger.com 18 Oct '11, 7pm

Photo credit: EricaJoy via Flickr/CC BY Who likes oil subsidies? Nobody! Nobody but the oil companies, that is. But as we ...

It's been a few days.. Have you watched it yet?...

pxdkitty.blogspot.com 02 Nov '11, 10am

What's HOT What's NOT: Episode 3 is finally out!!!And LOL MY FACE ON THE VIDEO'S THUMBNAIL IS HIDEOUS OMG. Anyway, I was w...

World population to hit 10 billion by 2100: UN

straitstimes.com 26 Oct '11, 12pm

The world's population of seven billion is set to rise to at least 10 billion by 2100, but could top 15 billion if birth r...

Fact for the day: 'subsidies for fossil fuels o...

businessgreen.com 26 Oct '11, 10am

I'm delighted to be here today, at Renewable UK's annual conference. Our location is rather appropriate. Manchester was th...

Russia Claims Revenues of One-Third-of–a-Billion Dollars in Nanotech This Year

Russia Claims Revenues of One-Third-of–a-Billio...

spectrum.ieee.org 26 Oct '11, 1pm

It’s that time of year and RusNano is holding its annual nanotechnology conference. This year, Dmitry Medvedev, instead of...