$10.9 Billion Ain’t What it Used to Be

Staff / Truthdig May 1, 2008 Exxon Mobil made $10.9 billion last quarter, but investors were disappointed that the world's biggest oil company had only its second-biggest quarter ever. With a product that is harder and harder to find, shareholders who demand even bigger windfalls and consumers who are about ready to revolt, you almost have to feel sorry for the oil companies. No, you really don't. Dig deeper ( 1 Min. Read )

Aboard the Condoleezza Rice

Robert Scheer / Truthdig Feb 13, 2008 Whadda you mean "we," Mr. TV Pundit? When you say "we" are doing better in Iraq or, even more absurd, that "we" were right to invade that country in the first place, are you putting Joe Blow American in the same bag as the top officers of Exxon, which made $40.6 billion in profit last year? Dig deeper ( 3 Min. Read )

Corruption Scandal Rocks Alaska Politics

Staff / Truthdig Nov 13, 2007 The federal corruption probe that first blew the lid off the Alaskan political scene a year ago with the discovery of $32,200 in cash stashed away in the home of Republican Pete Kott, former speaker of the Alaskan House of Representatives, has since spread like an oil slick, leaving precious few prominent lawmakers unstained. Dig deeper ( 1 Min. Read )

Exxon Mobil Posts Record Profit

Staff / Truthdig Feb 1, 2007 The oil company notched an annual profit of $39.5 billion, the largest ever by a U.S. company. You can leave your Ph.D. at home when connecting the dots between this and the Iraq war. Dig deeper ( 1 Min. Read )

Exxon Allegedly Paid for Climate Misinformation Drive

Staff / Truthdig Jan 8, 2007 Following in the footsteps of big tobacco, ExxonMobil paid 43 ideological groups $16 million to attack the science behind global warming, according to the Union of Concerned Scientists. The real scandal isn't that Exxon paid such groups to pimp its version of "reality," but that the media felt obligated to take an "on the other hand" approach in reporting those fringe assertions about climate change. Dig deeper ( 1 Min. Read )

Profits up 40% at Shell, 36% at Exxon

Staff / Truthdig Jul 27, 2006 No need for creative accounting at these outfits: It's good to be an oil company these days. Dig deeper ( 1 Min. Read )

Exxon-Backed Pundit Compares Gore to Nazi Propagandist

Staff / Truthdig May 24, 2006 Sure, it's despicable. But it's also a bit gratifying to see how low Big Oil has to stoop to try to squelch Al Gore's message. Dig deeper ( 1 Min. Read )

GOP Gas Company Loyalists

Mike Luckovich / Truthdig Apr 29, 2006 Dig deeper

Exxon Posts Huge Profits as Gas Prices Soar

Staff / Truthdig Apr 27, 2006 Exxon announced first-quarter profits of $8.4 billion. Gas prices are averaging over $3 per gallon. 'Nuf said. Dig deeper ( 1 Min. Read )

Exxon Paid Its Ex-Chairman $686 million

Staff / Truthdig Apr 15, 2006 As gas prices soar across the nation, Exxon's board paid its recently-retired chairman, Lee R. Raymond, over $686 million since 1993--with $400 million of that coming in his final year with the company. A compensation payout like that got N.Y. Stock Exchange Chairman Richard Grasso sued. Dig deeper ( 1 Min. Read )

U.S. Plans $7-Billion Royalty Windfall to Oil Companies

Staff / Truthdig Feb 19, 2006 On the heels of Exxon Mobil's record-setting $10-billion quarterly profit, the "federal government is on the verge of one of the biggest giveaways of oil and gas in American history, worth an estimated $7 billion over five years." It's nice being an oil baron when two oilmen head the government. Dig deeper ( 1 Min. Read )