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    Read This: Energy industry's profits stumble in Q4 2013 as easy petroleum fades

    Big Oil has a lot more to worry about than fighting the biofuels industry over the Renewable Fuel Standard. Fourth quarter 2013 earning reports show that major oil companies haven't been as profitable lately as they used to be. Exxon Mobil, the largest US oil company, had its worst ...

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    Read This: How Big Oil gets bigger: over $620 Billion spent on subsidies for fossil fuel in 2011

    We're being duped by Big Oil. The worse part is that governments around the world are working tirelessly to make sure the game is rigged in their favor. That's what Lester Brown, president of the Earth Policy Institute, is saying, and he has the numbers to back the statement up. Estimates from ...

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    Video: Does this Exxon Hates Your Children ad cross the line? [w/poll]

    Our moms always told us that you catch more flies with honey than with vinegar. Sometimes, however, if you take that vinegar and mix it with a bit of olive oil and then drizzle it over some thickly-sliced ripe tomatoes adorned with rings of sweet Vidalia onions, and then sprinkle all that with a ...

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    U.S. approves Exxon Mobil's request for deepwater drill in Gulf

    Let them drill, says the U.S. Department of the Interior. On Monday, regulators approved Shell's offshore plan that calls for the drilling of three exploratory wells in the Gulf of Mexico. Then, on Tuesday, Exxon Mobil was granted approval to drill in the deep waters of the Gulf, marking the ...

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    Challenge Bibendum: Exxon sees "big gains" in efficiency on the Road to 2030

    Exxon at Challenge Bibendum – Click above for high-res image gallery
    Unsurprisingly, all of the highlights Exxon displayed in its sign about "Improving Energy Efficiency For Today's Consumer" at the Challenge Bibendum in Rio de Janiero, Brazil last week were small improvements related to ...

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    Is Exxon making a real, $600 million biofuel shift?

    Money talks, but how can we know what it's saying? Exxon Mobil is investing $600 million into a 5- to 6-year algae biofuel project with biotech company Synthetic Genomics. The biofuel will be made from "sunlight, water and waste carbon dioxide by photosynthetic pond scum," writes the New York ...

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    ExxonMobil/Electrovaya's electric car, the Maya 300, gets detailed tomorrow

    If you had gobs and gobs of money, would you spend some on an electric car? What if your core business was selling people oil and gasoline? That's what ExxonMobil is all about, but the company is backing the electric car sharing program AltCar that uses a new EV called the Maya 300. News has been ...

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    Exxon CEO: "Alternative" just means finding new ways to burn fossil fuels

    Here's a good one.How would you define alternative energy? Solar power? Wind turbines? Recycling waste grease into biodiesel? Well, if you're Rex Tillerson, the CEO of Exxon, then "alternative" energy has a very special meaning. The Dallas Morning News heard Tillerson say the following during the ...

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    Exxon's $14.83 billion sets new quarterly profit record

    Another quarter passes, another record profit is set by Exxon Mobil. It's a bit of a broken record by now... literally. If you have a weak stomach, perhaps you should quit reading here. For the rest of us, here are the gory details: Total net profit comes in at a staggering $14.83 billion, besting ...

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    VIDEO: Guerilla artist shows generosity with free ad campaign for gasoline providers

    It's not easy being a carbon-fuel provider these days. They bear the responsibility for keeping the entire economy moving along like a well-oiled machine. They get you you to work, your kids to school, and your food to your family table. Everybody depends on them and they bear that responsibility ...

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    Exxon made nearly $1,500 a second last quarter, a new record

    First, let's get the hard data out of the way: Exxon's $11.68 billion of profit last quarter was the highest ever recorded by any company, topping it's own previous record from the last quarter of '07. For those who like to keep track of such things, that is nearly $90,000 a minute; $1,500 every ...

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    Low oil production means more profit for Exxon

    Recently we told you about oil execs explaining to congress how $123 billion in profits should entitle them to an additional $18 billion in the form of subsidies. I realize many of you out there have a lot of sympathy for their position and have spent the intervening time hounding your ...

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    ExxonMobil $pending ten$ of billion$ to locate more oil

    While the amount of energy the world demands every year is tremendous, the cost of finding and purchasing that energy is just as staggering. According to this article, ExxonMobil plans to spend between $25 and $35 billion every year for the foreseeable future in search of more oil. Even as ...

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    Chavez backs off threat to cut oil sales to America

    Chavez is backing off his threats to cut oil sales to America that we recently told you about. According to Bloomberg, Venezuelan President Hugo Chavez said on state television that, "We don't have plans to stop sending oil to the U.S. ... All I've said is that, if the U.S. attacks us, we'll have ...

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    Exxon is back at the top with record profits again

    Ask yourself: what could possibly be better for Exxon Mobil than posting a record profit of $39.5 billion in 2006? Tough one, huh? How about beating that record-setting profit number with a new record of $40.6 billion the following year. Yeah, that'd do it! We've been covering the on-going record ...

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    Oh, Thank You, Thank You ExxonMobil!!

    I just read the ExxonMobil advertorial in the NYTimes. The second in a 3-part series, this one is titled "Energy close to home." It is a very well-done piece that cherrypicks information. For instance, while admitting that the US is the world's leading oil consumer, it notes we are the No. 3 oil ...

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    Friday Humor: ExxonMobil finds a way to spend their record profits

    What do you do when your company makes more money in a quarter than any other company in history... ever? I'm not sure, 'cause I'm certainly not in that position. Perhaps ExxonMobil, which is the profit-laden company in question, decided to play a trick on one unsuspecting customer of almost ...

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    Conspiracy or conspiracy theory? Did ExxonMobil pay off scientists to discredit global warming?

    According to the Union of Concerned Scientists, ExxonMobil gave $16 million to 43 ideological groups between 1998 and 2005 in a coordinated effort to mislead the public by discrediting the science behind global warming. This backs up the claims by Britain's leading scientific academy, The Royal ...

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    Kim Strassel on the Daily Show lets us laugh about oil companies' record profits

    Kimberley Strassel is on the editorial board of the Wall Street Journal, and she went on The Daily Show with Jon Stewart last week to talk about oil prices, oil companies and ethanol. Her basic argument was that high oil prices at the pump are not the fault of oil companies and their ...


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