Exxon,Chevron record profits!

Record profits for big oil! Exxon’s net income in the quarter rose $11.66 billion, from $10.25 billion. and Chevron’s net income rose to $4.88 billion, from $3.77 billion.

Tell me again why we provide oil companies subsidies, tax breaks, and get zero royalties for drilling in federal waters? Especially, when the economy is faltering, unemployment is rising, healthcare costs are skyrocketing, education standards are stagnating.

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