From ProgressMichigan.org:
$5 million in profit every hour of every day
The latest news reports that America's biggest oil company announced it is now
making $5 million in profit every hour of every day, the most profits of any American company ever in a single quarter. (AP 7/31/08)
With this report, the world's top five oil companies are now on track to make more than $160 billion in profits this year, dramatically outpacing last year's $123 billion.
Out-of-state Big Oil executives from Houston to Saudi Arabia and elsewhere are personally making millions on the backs of all of us.
Sign the petition to end government subsidies and special tax breaks for Big Oil and instead, invest in clean renewable energy and good paying jobs of the future.
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