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As Big Oil Profits Soar, Sanders Calls for Windfall Profits Tax, OPEC Sanctions, Merger Moratorium
By newsdesk - Posted on February 4th, 2008
02/01/2008 -- WASHINGTON, February 1– Boosted by gushing oil prices, Exxon Mobil's $40.6 billion in 2007 profits exceeded the company’s own record for a U.S. corporation. Chevron also reported huge profits. At a meeting in Vienna of the international oil cartel, meanwhile, the Organization of Petroleum Exporting Companies kept production quotas steady. » read more »
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