Saturday, February 2, 2013
Exxon, Chevron Made $71 Billion Profit In 2012 As Consumers Paid Record Gas Prices
Exxon, Chevron Made $71 Billion Profit In 2012 As Consumers Paid Record Gas Prices: pWhile 2012 might not be a banner year for Big Oil profits, it wasn’t a bad one either. With just BP left to announce 2012 earnings, Big Oil earned well over $100 billion in profits last year, while the companies benefit from continued taxpayer subsidies. Average gas prices also hit a record high last year, [...]/p
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Exxon’s federal campaign contributions totaled $2.77 million for the 2012 cycle, sending 89 percent to Republicans.
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