Thursday, July 26, 2012

Top Two Oil Companies Earn $160,000 Per Minute, Paid Low Tax Rate

Top Two Oil Companies Earn $160,000 Per Minute, Paid Low Tax Rate: The top two corporations on the Fortune 500 Global ranking, Royal Dutch Shell and ExxonMobil, announced their 2012 second-quarter earnings today, bringing the total profits for three Big Oil companies to $44 billion for 2012 or $250,000 every day this year. Exxon profited by $16 billion this quarter, bringing its earnings for 2012 to $25 [...]/p

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