The Institute for Public Accuracy has lined-up some analysts who are available for interviews concerning ExxonMobil’s announcement “that in 2005 it made the biggest annual profit on record for a U.S. corporation – $36.13 billion – up 42 percent from the year before.”
They include Executive Director Steve Kretzmann of Oil Change International, the group that co-published the report Crude Designs: The Rip-Off of Iraq’s Oil Wealth.
The Center for Public Integrity’s Bob Williams who co-authoured with Aron Pilhofer the 2004 report Big Oil Protects its Interests.
Acting director of Public Citizen‘s Energy Program Tyson Slocum.
Also, Antonia Juhasz:
http://www.thebushagenda.net
Author of the forthcoming book:
“The Bush Agenda: Invading the World, One Economy at a Time” and a visiting scholar at the Institute for Policy Studies, Juhasz said today: “The Bush administration has coddled the oil industry through direct subsidies, tax breaks, reduced regulation, refusal to force the companies to reduce the price of oil at the pump, refusal to implement a windfall profits tax on oil companies, and by waging a war largely for oil. Since the war, ExxonMobil has earned higher year-end profits than any company in world history, while Chevron has surpassed its own 126-year record two years running. Since the war, both companies have been importing more oil from Iraq to the U.S. than at virtually any point in U.S. history. Between 2003 and 2004, the value of U.S. imports of Iraqi oil increased by 86 percent. Oil company profits therefore owe a great deal to Bush administration policy and the myth of dramatically reduced supply from Iraq.”
More at IPA