Monday, January 30, 2006

Exxon rakes it in. Alaskan permafrost remains frosty.

Wait…wasn’t the argument against drilling in ANWR that it would be a “windfall” for the oil companies? From Fox News: “Exxon profit soars on high prices

Exxon/Mobil posted record profits for any U.S. company on Monday — $10.71 billion for the fourth quarter and $36.13 billion for the year — as the world's biggest publicly traded oil company benefited from high oil and gas prices and demand for refined products.
What else besides “demand” drives up oil prices? Caribou.

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