Media
Give Exxon a break
The Los Angeles Times editorializes about why Exxon is getting a bad rap for “record profits“.
Although crude oil is selling for almost twice as much a barrel as it did a year ago, the company’s profit was a mere 14% larger than last year.
Meanwhile Mark Perry has some wisdom (in the form of a chart) on Exxon’s record $19 Billion in taxes.
