Tag Archive: Exxon

May
08

Rising Oil Prices: Who’s to Blame?

Gas Prices

Can anyone explain what exactly the deal with the ever rising oil prices is? I remember paying for gas at less than a dollar a gallon in the United States (2006). I also recall paying as low as PKR 30 (around 45 Dollar Cents) for a liter of petrol in Pakistan (2005). However, Pakistan is …

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Apr
28

Exxon’s Profit: Exploitation

Rich Getting Richer

So XOM, better known as Exxon Mobil Corp posted its first quarter profits which amount to $11 billion dollars. This represents a 69% jump in the profits compared to the same period last year. The oil prices for an individual consumer are hitting $ 4 a barrel. Does it alarm anyone to know Exxon bought …

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