TV News LIES

Thursday, Feb 11th

Last update05:20:13 AM GMT

You are here News Energy ExxonMobil CEO Defends High Profits

ExxonMobil CEO Defends High Profits

E-mail Print PDF

ExxonMobil CEO and chairman Rex Tillerson defended his company's staggering $11.7 billion in profits for the second quarter, saying that the company's earnings reflected the magnitude of its business operation.

"I can understand why people are very upset and why they're very worried and concerned about their ability to deal with these high prices," Tillerson said. "It does bother me that much of that is directed at us. Our job is to provide energy, to provide it in a means that is reliable. And we hope we can provide it in a means that's convenient as well to the consumer."

More... 


Most Recent Related Stories...


Billions of Barrels of Oil Vanish in a Puff of Accounting Smoke

barrels of oil disappearIn an instant, Chesapeake Energy Corp. will erase the equivalent of 1.1 billion barrels of oil...

Scotland hosting new type of offshore wind program

Scotland floats new wind programThe Scottish government said it granted a license to the operators of what Edinburgh said may...

Former Massey Energy CEO Don Blankenship Is Found Guilty

Massey energy CEO GuilityIn October, the federal trial of Don Blankenship, the former CEO of Massey Energy, started at...

Oil Services Co.,Baker Huhes, lays off 10,500

Baker Hughes "Extreme market forces" are in play in the global energy sector, oil services company Baker...
 
America's # 1 Enemy
Tee Shirt
& Help Support TvNewsLIES.org!
TVNL Tee Shirt
 
TVNL TOTE BAG
Conserve our Planet
& Help Support TvNewsLIES.org!
 
Get your 9/11 & Media
Deception Dollars
& Help Support TvNewsLIES.org!
 
The Loaded Deck
The First & the Best!
The Media & Bush Admin Exposed!