Agence France-Presse:
The results are likely to keep ExxonMobil at the top of the list for global and US companies for revenues, profits and market capitalization. But it also makes the company a magnet for critics of policies of the administration of US President George W. Bush.
"ExxonMobil's outlandish profits are the direct result of a Bush energy policy that for seven years has used every lever of the American government to tilt the scales towards satisfying the special interest demands of a single industry at the expense of the public interest," said Democratic Representative Ed Markey.
"The Bush administration and the GOP Congress stuffed energy bills full of goodies and looked the other way when the Interior Department didn't collect royalties owed by these companies to the taxpayers. The hypocrisy of the oil and gas lobbyists is so high that even as these record profits gush from their company balance sheets, they try to block all attempts to recover the royalties they owe the American taxpayer."
In other words, if ExxonMobil's making money hand over fist, why the hell can't they pay their bills?
Tags: news | politics | oil | business | financial | energy | Bush | corruption | crime | congress | democrat | Ed Markey | ExxonMobil
