The oil industry is in trouble, trouble I say.
Exxon-Mobil executives are almost certainly having their meals serenaded with much smaller violins this year as the second quarter profits were just (ONLY!!!) $3.95 billion — or a 66% drop from the 2008 second quarter. Sigh … no $40 billion+ in profits this year.
Shell also saw [...]
Bring out the violins …
July 30th, 2009 · No Comments
Tags: Energy