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… and still the Republican Party insists on letting them keep their subsidies. Does one need further proof that the Teapot Party/Republican Party doesn’t give a rats ass about you?
Second-quarter profits for ExxonMobile are up 41% to $10.7 billion thanks in part to the rise of the cost of oil and higher gas prices over the last few months. They still need government subsidies be cause as you and I know, $10 billion is not nearly enough to keep them going.
So who else did well? No company lost any money, that’s for sure.
Royal Dutch Shell took in $8.66 billion while ConocoPhillips made $3.4 billion, slightly down from a year ago but they still beat Wall Street expectations. BP? $5.6 trillion and suffering (?) a loss at the same time last year. Remember the Gulf spill?
Wonder if all of that political cash to President Obama helped the company stay out of some major crap?
During his time in the Senate and while running for president, Obama received a total of $77,051 from the oil giant and is the top recipient of BP PAC and individual money over the past 20 years, according to financial disclosure records.
