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Fracking News

$39 Billion PROFIT in 2007 is World Record

January 25, 2008 By TXsharon

Soaring Temperatures, Soaring Profits: Exxon Happy
Amid all this crazy talk of economic problems around the globe and that irrational fearmongering about so-called “Global Warming”, our hearts should be warmed to hear that Exxon-Mobil is about to announce the largest corporate profits in world history: $39 billion in 2007, $10.37 in the fourth quarter, just $111 million per day, just $4.4 million per hour, and a paltry $73,000.00 per second.

Note:
I read yesterday that Germany will be all solar by 2050.

Norway plans to be 100% renewable energy by 2030.

By 2050 solar power could end U.S. dependence on foreign oil and slash greenhouse gas emissions.

But $420 billion in subsidies from 2011 to 2050 would be required to fund the infrastructure and make it cost-competitive.

That’s roughly almost a year in Iraq.

Those who live in oilandia are the leftbehind.

About Sharon Wilson

Sharon Wilson is considered a leading citizen expert on the impacts of shale oil and gas extraction. She is the go-to person whether it’s top EPA officials from D.C., national and international news networks, or residents facing the shock of eminent domain and the devastating environmental effects of natural gas development in their backyards.

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Filed Under: corruption, global warming

Comments

  1. rox1957 says

    January 28, 2008 at 9:11 pm

    You recently posted a response to an article in the Rocky Mountain News regarding oil and gas legislation here in Colorado. Funny, I didn’t see you at the meetings where this was discussed in detail. So to our Texas friends, come on up to Colorado. We’ll rent you some skis and sell you an overpriced lift ticket and let you play in our snow, but when it comes to our political business, you can keep your noses in Texas.

  2. TXsharon says

    January 28, 2008 at 9:18 pm

    We’re all in this together. Texas watches Colorado and Colorado watches Texas. Sorry if you don’t like it.

  3. rox1957 says

    January 29, 2008 at 1:42 am

    It’s fine to “watch” but best to reserve comment for something you are actually informed about. Your comment in the Rocky was flippent and had little to do with the article you were responding to. Didn’t make you look very smart. Only mouthy. Quite frankly, I DON’T care what goes on in Texas. That IS your business. Again, best to stay out of ours.

  4. TXsharon says

    January 29, 2008 at 2:19 am

    I wish I knew what you’re talking about. Unless it’s the post about the gas seep in CO, I’ve no clue. That information came from a CO blog that reports on drilling issues so you might want to take it up with them if you have a problem with content.

    What happens in other states, is important to all of us and should be reported so we can protect ourselves. If you don’t like it, then you don’t have to click. Or, let me know what the issue is and I’ll research to see if I need to make a correction. Or, feel free to get your own blog and tell everyone what an idiot you think I am. But don’t come on here and tell me I’m an idiot for something obscure. I try very hard to be fair and accurate and I’m happy to make corrections.

  5. TXsharon says

    January 29, 2008 at 9:05 pm

    Oh, now I get it. You with the industry. Heh.

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