Exxon Tag Page
Exxon Profits ?
I will admit that I do not know much, but, I know that this gets under my skin. The people of this nation are being hit by the highest gas prices ever, and the big boys are raking in the profits. This is just wrong in so many ways. Even the sub headline spells it out.
“The oil company gains from soaring oil and gas prices, but falls short of estimates.”
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Good Idea
Detroit Bailout -- Let ExxonMobil Foot the Bill stumble digg reddit del.ico.us Read More: Auto Industry, Automaker Bailout, Automakers, Detroit Bailout, Exxon Mobil, Financial Crisis, John Dingell Henry Waxman, Green News Listening to the auto execs this week, hat in hand testifying in front of Congress, you'd think it would have offered a humble moment for them to come clean and own up to their mistakes. But no, they continue to deny any responsibility for the mess they are in. Instea
Shiver Me Timbers, Pirates Arrrn’t Cool!
When America stepped on the bus for the first day of school circa 1776, in typical Forest Gump fashion, it was not greeted with warmth and acceptance. One of the playground bullies ready to give fledgling American commerce a rough go of it:Pirates, ask Jefferson. You might think that with all the proverbial swirlies and wedgies America got at the hands of the Barbary pirates the sentiment might be a little…resentful. Wrong. Americans love pirates, pirate jokes, pirate talk, pirate costumes, p
Exxon Mobil Corp.: Making No Apologies
Oil producer won't say its 'sorry' for being successful.
Well, It's now official...
...Alaska, and by extension the United States, is doomed. Ted Stevens conceded his bid for a seventh term, and Alaskans will now have a democrat for a Senator. Oh, God. We're screwed. It's the talk of the town, literally. People at the Palmer Starbucks this morning looked like somebody, probably gay atheist illegal aliens, turned their favorite puppy into puppy enchiladas. We'll lose our share of the congressional pork roast! They'll take away our guns! Family values are in the crapper. Gay m
Top 10 Most Expensive Accidents in History (IMAGES)
Throughout history, humans have always been prone to accidents. Some, such as the exotic car crashes seen on this page, can be very expensive. But that's trivial compared to the truly expensive accidents. An accident is defined as "an undesirable or unfortunate happening that occurs unintentionally and usually results in harm, injury, damage, or loss". Our aim is to list the top 10 most expensive accidents in the history of the world as measured in dollars. This includes property damage and ex
Depressing Financial News Abounds - Are We Headed for a Depression?
I told you guys we were in a recession back in March, but now I fear we could move from a recession straight into a depression. Things could get really bad… Let’s examine shall we? In economics, a depression is a sustained, long downturn in one or more economies. It is more severe than a recession, which is seen as a normal downturn in the business cycle. The mother of all modern depressions was of course the “Great Depression”: The Great Depression was a worldwide economic downturn starting
Closing the Sale Experience
Too few of the salespeople asked prospective customers about their business. When salespeople execute a sales call few bother to pop the question. This hesitation is understandable because it takes some guts to deal with the finality of an answer. But not all answers are final, if you know how to play it. About 3 years ago, I need to step into the transgression on behalf of a client who couldn’t seem to pull the trigger. I was giving pieces of advice to the head of a large manufacturing compa
Sleep Deprivation and the Elderly
My grandmother used to be up at the crack of dawn?not because she had to, but because her body clock had shifted to a different time frame with increasing age. My step-mother used to complain that after Dad retired, he woke up every morning before six. The connection seems inevitable?older people do not need as [...]
Dow Member Changes Since the 10/02 Low
The Dow Jones Industrial Average is still about 15% above the bear market closing low on October 9th, 2002, but half of the index's current members are now down since then. Below we highlight each Dow member's percentage change since 10/9/02. As shown, McDonald's (MCD) is up the most at 241%, followed by Hewlett-Packard (HPQ), Exxon Mobil (XOM), Chevron (CVX), and Caterpillar (CAT). Surprisingly, financial giant JP Morgan (JPM) is also one of the best performers with a gain of 108%. General
Oil Severance Fee Would Ease California Budget Pain
By Richard Holober Executive Director Consumer Federation of California Exxon Mobil, Shell, Chevron and Occidental Petroleum combined reported record profits of $36 billion for the third quarter of 2008. That’s $400 million in profits every day, seven days a week. Those four oil giants extract over 70% of the...
Political Humor of the Day
Jay Leno: "The three big domestic automakers are now saying they are working jointly on a new hybrid car. It runs on a combination of state and federal bailout money." Jay Leno: "The press is calling Obama the first wired president, as opposed to President Bush, who was the first wiretap president." Jay Leno: "Pirates from Somalia hijacked a Saudi Arabian super tanker full of oil and are holding it for ransom. You know what you call someone who hijacks a ton of oil, holds it fo
Latest issue of Class Action Watch
The latest issue of the Federalist Society’s Class Action Watch has many articles of interest to Overlawyered readers: William E. Thomson & Kahn A. Scolnick on the Exxon Shipping case; Jimmy Cline on Arkansas’s disregard for class action certification standards; Jim Copland on the “Colossus” class action; Laurel Harbour on the New Jersey Supreme Court decision on medical monitoring class actions; Lyle Roberts on lead-counsel selection in securities class actions; Mark A. Behrens & Fran
Going Green AGAIN: It’s Time to Act
Last year I wrote about how it's not easy being green and, while it was an inspired piece of writing, as most of my blogs are, this year I am going to approach the whole “Green is Universal” week on NBC differently then I did last year. While last year I sounded more like a cynic, this year I may sound more like an alarmist. Now, I still question the notion that global warming is man made and I still doubt that earth is in as much peril as some have made it out to be. I am however concerne
Jim Cramer's Stop Trading! Is Steve Ballmer a Diabolical Genius? (11/19/08)
Stocks discussed in the in-depth session of Jim Cramer’s Mad Money TV program, Wednesday November 19. Exxon (XOM), Apple (AAPL),Yahoo (YHOO), Microsoft (MSFT), RIMM (RIMM), New York Times (NYT), Gannett (GCI)
More on Detroit
Reading the news it's not clear if we're going to give Detroit the money to keep them going for a while longer. Pretty sure we can't afford not to, and of course they'll be coming back for more next year, and that's probably a good thing, cause it's time to make some changes. We need to own them for a while so they start working for us not continuing to feed our oil habit and keeping their buddies at Exxon-Mobil's profits high. And they have to retire their fleet of corporate jets. And all th
Good Riddance, Uncle Ted
So ends a political era. The Alaskan senator Ted Stevens, the longest-serving Republican senator in history and a force on Capitol Hill for decades, yesterday finally conceded the re-election race to his Democratic rival, Mayor Mark Begich. This brings us to the end of the “Uncle Ted” era in Alaska, when billions of Stevens’s “pork-barrel” money would flow North from the lower 48. For those who worry about the corrupting influence of oil and money on politics, Stevens’ end could not come a mo
Tavis Smiley Sics His Employees on WAOD After We Criticize His Blog Pageant
I KNOW Tavis Smiley did not send one of his employees to roll up on my blog and start talking noise all because I think that the terms and conditions of his Web Super Star Blogging contest are idiotic, demeaning, and stupid. Because lil’ ole me decided to defend the honor and dignity of Black bloggers against this patronizing power play by the Black Elite Establishment, my blogging honor has been besmirched and I DEMAND SATISFACTION! ( Tavis Smiley must really be hard up for some attention so h
SP 500 daily chart analysis
Yes, another major down day for the S&P 500 index. What stocks caused that damage ?Citigroup Inc ( C ) ; how low can Citigroup go ? 5 ? 3$ ?General Electric ( GE ) ; down 10% with a probable target of 10$ unless we do get a reversal.Bank Of America Corp ( BAC ) ; triple bottom broken ; next target is 10$ ?Ford Motor Co ( F ) ; down 25% !!!!! Last quote is 1.26$ !!Wells Fargo ( WFC ) ; aiming for the July lows ?Exxon Mobil Corp ( XOM ) ; watch the support of $71.Alcoa Inc ( AA ) ; get ready to bu
UPDATE 2-Indonesia to order energy firms to use local banks
Indonesia plans to order oil and gas contractors to use local banks to keep billions of dollars of funds earmarked for energy projects to help support the rupiah currency, the oil and gas regulator said on Thursday. The plan comes as authorities scrambled to come up with ways to support the rupiah currency, which has dived to a decade-low against the dollar. “This move is expected to help Indonesia’s economy,” Priyono, the head of the energy regulator, known as BPMigas, said by telephone. In
Both GM and Ford stocks are headed to $1 per share or lower.
Both GM and Ford stocks are headed to $1 per share or lower. Nov 19, 2008 Market Outlook Leave a comment Ford almost made it there today. The market capitalization of GM is now $1.6 billion versus a market cap of $46 billion 10 years ago at the end of 1998. Ford’s market capitalization at the end of 1998 was $71 billion and today is now $2.99 billion. The combined market cap of both GM and Ford is now $4.6 billion. Thus, the US taxpayers could outright purchase all of the stock in both compani
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