Oil Companies

The Senate Finance Committee grilled five oil company executives Thursday. In what was more of a public pander to its base, Democrats belittled big oil for doing what they do well: delivering energy to the world. This article describes the hearing.

Despite expecting profits in the area of $125 billion for 2011, oil company executives are in Washington trying to hold onto $2 billion in tax breaks.

Several House Democrats are pushing to end tax breaks and benefits for the top five Big Oil companies. However, Republicans blocked the effort today while pushing their own bill to speed up the permit process for oil drilling in the Gulf.

Amid one of the highest gas prices explosions in this country's history, Chevron announced it's 2011 1Q profits, more than $1.6 billion higher than the 1Q in 2010. This explains how the prices can be rising, and who is really to blame.

House Speaker, John Boehner, told ABC World News that he is open to repealing the multi-billion dollar tax breaks on major oil companies. This could reshape Republican views overall on subsidies and tax breaks.

Those poor oil companies. Wthout subsidies they would fold up and leave the United States for more profitable places in the world. At least that is the claim by Texas Rep. Joe Barton.

But in suggesting that the government eliminate tax breaks to oil companies to help fund research for tomorrow's energy, it might be a good idea to consider that doing so might be more detrimental to Americans as both taxpayers and consumers...

We can't turn back time. What we can do is learn from the past. Read the 3 steps I would put in place to stop something like this from happening again.

America's dependence on foreign oil is tremendous in the early 21st century. But there was a time 100 years ago when oil was plentiful and gushed from the ground. Bakersfield, California, marks that moment in 1910 when oil history was made.

All the insider information about how to make LOTS of money in the oil industry!

A look at how companies can use financial instruments to reduce their risk from changes in currencies, commodities and interest rates.

View a primary source from Emiliano Zapata and the Mexican Oil Companies outlying the views and goals of the Mexican Revolution.

A response to Michael Moore saying that Oilmen are waging war on common people, from a former Vice-President of an oil company.

Gull Island is five miles offshore from Alaska's Prudhoe Bay. Back in the 1970's, a huge oil and natural gas field was reported by Mr. Lindsey Williams to have been located by oil companies drilling in Prudhoe Bay.

Oil company retailers are not responsible for the amount of the "hold" on Debit purchases

This article argues against granting new oil drilling leases.

This article will give a comprehensive opinion on the increasing gas prices, it will include research and opinions on the gas prices Americans face.

Just hours after Huricane Ike came ashore in Texas there were reports stating that gas prices had risen to $5 a gallon on the east coast. My neighborhood station's price had gone from $3.65 a gallon yesterday to $3.79 a gallon today. Profiteering? Obviously.

Oil is in everything, from women's make-up products, to tires, and in the gas tanks of our cars. Barack Obama wants to do away with oil as a commodity.

While the average consumer is being squeezed to the breaking point by high gas prices, a Dallas Morning News article in April 2008 reported that Exxon Mobile made a whopping $40 billion profit in 2007, once again breaking the record for a U.S. company.

A look into the false demonization of the oil companies and the hidden joy liberals feel when the prices soar.

The price for a barrel of oil and the price at the pumps has gotten out of hand, and many are feeling the effects of the cost of gasoline.

The top senior executives of the five major oil companies sat at a congressional hearing today. These five top executives together, last year, earned 123 billion dollars in profits.

Big oil claims that gas prices are rising due to supply and demand. They are technically right, but are being deceitful in manipulating this fact to justify their plan to increase demand.

The New York Office of the FBI has unsealed indictments that implicate the owner of a home oil delivery company and others in stealing oil from its customers and then reselling the oil.

You may think you know the answer to these questions -- but I'll bet you don't.