Blog > Archive by tag 'windfall tax'
For Obama and others unfamiliar with the term “margins,” the profits recently reported by Exxon Mobil (NYSE:XOM) may indeed look high. No wonder liberals would like oil company investors to buy their candidate’s presidency.
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"If it meets projections, CNOOC could see an 11% production increase this year. But that remains to be seen, and rising costs could cancel out much of the increased production in the next year." — Stephanie Grimmett
by Stephanie Grimmett
Baltimore – (TFN): If you haven’t noticed, it’s time to get out of CNOOC (CEO: NYSE). [...]