Exxon’s Second-Quarter Profit Breaks Its Own Record The oil giant brings in $11.68 billion, the largest profit for a U.S. company, and still fails to meet analysts’ expectations. Critics say Exxon and others aren’t doing…
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Archive | Author: E.Douglass LATimes
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‘Hot Fuel’ Adds To Pump Pain
‘Hot Fuel’ Adds To Pain At The Pump By Elizabeth Douglass, LOS ANGELES TIMES May 23, 2008 A survey shows that Californians could be overpaying as much as $3.4 million a day as heat makes…
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Oil gushes past $100
Los Angeles Times February 20, 2008 by Elizabeth Douglass & Tom Petruno, Times Staff Writers Oil gushes past $100 The price of crude rises $4.51 to a closing record of $100.01 as commodities rally The…
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Exxon & Chevron see profits soar
Los Angeles Times February 2, 2008 by Elizabeth Douglass, Times Staff Writer Exxon and Chevron both see profits soar ExxonMobil Corp. shattered its own record as the world’s most profitable publicly traded corporation, as rising…
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Chevron On Way To Record Profit
Los Angeles Times November 3, 2007 by Elizabeth Douglass, Times Staff Writer Chevron fails to cash in on high oil prices; Third-quarter profit takes a 26% hit. The firm blames sharply lower profit margins on…
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Exxon’s Record High 3rd Qtr Sales
Los Angeles Times November 2, 2007 by Elizabeth Douglass, Times Staff Writer Record sales boost ExxonMobil despite 10% decline in quarterly earnings Lofty oil prices gave ExxonMobil Corp. record-high sales in the third quarter, but…
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Chevron profit hits $5.4 billion
Los Angeles Times July 28, 2007 by Elizabeth Douglass, Times Staff Writer Chevron profit hits $5.4 billion Chevron Corp. said Friday that it rang up a record quarterly profit of $5.4 billion, primarily thanks to…
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‘Hot Fuel’ Guidelines Rejected
Los Angeles Times July 12, 2007 by Elizabeth Douglass, Times Staff Writer Experts reject proposal on ‘hot fuel’ guidelines; Consumer groups seek temperature-correcting devices on gas pumps. A nationwide group of measurement experts Wednesday rejected…
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Tesoro to pump up refinery funds
Los Angeles Times June 4, 2007 by Elizabeth Douglass, Times Staff Writer Tesoro to pump funds into refinery; The firm plans to invest $1 billion in its plant in Wilmington to boost production for the…
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Getting All You Paid For At Pump?
Los Angeles Times May 9, 2007 by Elizabeth Douglass, Times Staff Writer You may not be getting all you pay for at the pump Here’s another way you’re getting pinched at the pump: Paying for,…
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Exxon, Valero Profits Jump
Los Angeles Times April 27, 2007 by Elizabeth Douglass & Richard Simon, Times Staff Writers Exxon, Valero profits jump; The quarterly gains, coming at a time of soaring pump prices, prompt renewed calls for legislative…