Daily Downers: Exxon's many wins

Bad news is funnier read all in a row --

>> Losing money at the pump? Exxon Mobil isn't. The oil company sees record sales; it "made more in three months than it did in the first nine months of 2002," even if its quarterly income is down by 10%.

>> Yet Exxon and other oil companies are still getting billions in drilling incentives. And now a federal judge in Louisiana has ruled that the government can't suspend these incentives when energy prices are high. "If upheld, the ruling could free companies from paying the government up to $60 billion in royalties for oil and gas produced in publicly owned waters of the Gulf of Mexico."

>> Seafood: Now served stuffed with polluted plastic. Fish and crab are eating worms that are eating plastic grains that are soaking up pollutants linked with cancers and respiratory problems.

>> Greenland gains a strange buoyancy. Because of its shrinking ice cap, "Greenland appears to be floating upwards – its landmass is rising up to 4 centimetres each year, scientists reveal."

Image courtesy of Exxpose Exxon

Comments

[James]

An L.A. Times article earlier this week talked about how Exxon is still fighting the punitive damage award from the Valdez disaster, now 18 years after it happened.

[cochon.name]

it never ceases to amaze me how people willingly give their hard earned money to companies that they know, beyond all doubt are cheating them. if a friend or relation cheats me out of something, that's it. there is the door. drivers never stop complaining about how expensive gas is, yet refuse to even entertain the idea of giving up the "freedom" that their car gives them. like the beastie boys say "suckers, they come a dozen"

[Siel]

Hopefully, suckers can change :)