oil


Reading Between the Lines
Submitted by Nancy Watzman on Thu, 04/27/2006 - 9:27am.
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It is a bit amusing to watch Congress scrambling to figure out how to deal with rising gas prices. Even President Bush is calling to get rid of $2 billion in tax breaks that Congress passed as part of the energy bill. Despite the braggadocio, however, nobody wants to go too far, reports The New York Times:


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Like A Free Ride When You've Already Paid
Submitted by Rick Bielke on Thu, 02/23/2006 - 5:55am.
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Texas Joe Barton (R-TX) is down right mad at Citgo. He's mad because while oil prices are at an all time high, Citgo had the gaul to start a program that offered heating oil to the poor in the Northeast at rates up to 60% below market price. ...
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A not-so-veiled threat?
Submitted by Meghan Scott on Mon, 10/31/2005 - 6:13am.
Roll Call is reporting on some flak that Exxon-Mobil is catching from Congressional Republicans concerning a $500 campaign contribution to DeLay opponent Nick Lampson. $500. This is a company that just reported a $10 billion profit."It clea...
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DeLay and Exxon
Submitted by David Donnelly on Thu, 10/27/2005 - 5:42am.
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ExxonMobil just posted record profits for the third quarter, some $9.92 billion, the largest quarterly profit of any corporation in U.S. history, according to the Associated Press.DeLay owns at least $50,000 in ExxonMobil stock (pdf) and has t...
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