Record profits for ExxonMobil oil


This video from the USA is called Exxon Mobil Corp.

From AFP news agency today:

Surging oil prices helped US energy giant ExxonMobil to a 14 percent jump in quarterly net profit to 11.68 billion dollars in results Thursday short of most forecasts on Wall Street.

The earnings set another record for ExxonMobil, which has been the world’s most profitable publicly traded firm and a magnet for criticism in Washington over policies toward big oil companies.

See also here. And here.

Crisis, what crisis? for at least some people. This, however, will not stop ExxonMobil capitalists joining in with the chorus of Shell capitalists and other capitalists, clamoring for less well off people to “tighten their belts” because of bad times …

Exxon funded global warming denial for years. Yesterday, in an astonishing U-turn, it called for the imposition of green taxes: here.

US telecommunications giant Verizon demands job and benefit cuts: here.

Government report shows sharp fall in US economic growth: here.

US unemployment rate rises to four-year high: here.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.