Friday, February 01, 2008

Hillary on Oil Profits

Exxon Mobil Makes Monster Profit


Oil Giant Raked In $40.6B In 2007 - Biggest Annual Profit In History For U.S. Company


(AP) Exxon Mobil Corp. on Friday posted the largest annual profit by a U.S. company - $40.6 billion - as the world's largest publicly traded oil company benefited from historic crude prices at year's end.

Exxon Mobil also set a U.S. record for the biggest quarterly profit, posting net income of $11.7 billion for the final three months of 2007, besting its own mark of $10.71 billion in the fourth quarter of 2005.

The previous record for annual profit was $39.5 billion, which Exxon Mobil reported for 2006.

The eye-popping results weren't a surprise given record prices for a barrel of oil at the end of 2007. For much of the fourth quarter, they hovered around $90 a barrel, more than 50 percent higher than a year ago.

Crude prices reached an all-time trading high of $100.09 on Jan. 3 but have fallen about 10 percent since. .......

http://www.cbsnews.com/stories/2008/02/01/business/main3777996.shtml


I wonder how much of this is ending up in Lord Bush an his "cronies" pockets?

Puppy Mills - News- msnbc.com

Puppy Mills - News- msnbc.com: "Puppy Mills"

WCYB-TV
updated 7:05 a.m. ET, Thurs., Jan. 31, 2008

Bill targeting puppy mills advances in Virginia House of Delegates. Legislation to crack down on illegal puppymills narrowly cleared a Virginia House of Delegates committee.

The Agriculture, Chesapeake and Natural Resources Committee voted 9-8 on Wednesday to endorse Delegate Bobby Orrock`s bill and

send it own to the Appropriations Committee for further consideration.

Virginians who maintain 20 or more female breeding dogs would have to obtain a local business license, submit to inspections by

local animal control officers and keep extensive records.

Supporters of the bill said it would help alleviate the horrible conditions that exist at many puppy mills. Last year, more than

1,100 dogs were discovered at one Carroll County puppy mill.

Opponents argued that the proposed regulations are excessive and that they duplicate federal efforts.