The Department of Energy estimates that opening the Arctic National Wildlife Refuge would lower the cost of gas by 4 cents per gallon – twenty years from now. With the price of oil at an all time high, we’re sure that you – and all Americans – are feeling increasingly frustrated by high gas prices.
Now [...]
I guess profits in the billions every quarter for the last couple of years just isn’t helping Exxon stay afloat, so the Supreme Court just declared that the $2.5 billion in punitive damages owed for the Valdez oil spill in Alaska is just too much and it should be reduced to $507 million. This [...]
Sure, it’s a public company and they deserve to make a profit – I don’t begrudge the oil companies that at all, really. I understand it. What I don’t understand is how they can flaunt their billion dollar profits while saying they cannot do anything about the price of oil. Well actually, I do [...]
