ExxonMobil

Big Oil and the Trillion-Dollar War Bonus

by Greg Palast
August 8, 2006

excerpted from, “Armed Madhouse” (Penguin 2006)

It has been a very good war for Big Oil — courtesy of OPEC price hikes. The five oil giants saw profits rise from $34 billion in 2002 to $81 billion in 2004, year two of Iraq’s “transition to democracy.”
But this tsunami of black ink was nothing compared to the wave of $113 billion in profits to come in 2005: $13.6 billion for Conoco, $14.1 billion for Chevron and the Mother of All Earnings, Exxon’s $36.1 billion.

Blood in Beirut: $75.05 a Barrel

by Greg Palast
July 26, 2006

The failure to stop the bloodletting in the Middle East, Exxon’s record second-quarter profits and Iran’s nuclear cat-and-mouse game have something in common — it’s the oil.

The Guardian
I can’t tell you how it started — this is a war that’s been fought since the Levites clashed with the Philistines — but I can tell you why the current mayhem has not been stopped. It’s the oil.

Why Palast Is Wrong – And Why The Oil Companies Don't Want You to Know it

by ZACH
May 23, 2006

Guerilla News Network – Excerpt from Armed Madhouse
Now that I’ve convinced you that the Peak Oil crowd is crackers, let me disagree with myself. We can’t understand the new class war unless we understand why oil, a certain kind at least, has in fact “peaked.”
We’ve long jumped over Hubbert’s predicted peak and, in 2006, rolled our SUVs right through the “culmination”- that is, used the last drops of the one-and-a-quarter-trillion barrels of liquid crude the good Earth can provide according to the Hubbert jeremiad. Furthermore, “The rise in the production of power from nuclear energy for the United States” ran out long before uranium’s five-thousand-year reign, despite Hubbert’s hope and prediction.

Bush Energy Plan – Policy or Payback? (BBC Newsnight Transcript)

by Greg Palast
May 17, 2001

Originally aired May 18, 2001

Read More…Bush Energy Plan – Policy or Payback? (BBC Newsnight Transcript)

Native Inc Oils Wheels in Alaska

by Greg Palast
April 4, 1999

For The Observer/Guardian UK
Holy week is especially solemn in Chenega. On Good Friday 1964, a tidal wave swept over the Chugach native village on Chenega Island in Alaska’s Prince William Sound. Every home was washed out to sea. One-third of the residents drowned.

ExxonMobil

Big Oil and the Trillion-Dollar War Bonus

Blood in Beirut: $75.05 a Barrel

Why Palast Is Wrong – And Why The Oil Companies Don't Want You to Know it

Bush Energy Plan – Policy or Payback? (BBC Newsnight Transcript)

Native Inc Oils Wheels in Alaska

Vigilante

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