mobil cut
Exxon Mobil Makes Monster Profit, Oil Giant Raked In $40.6B ... - Care2 News Network
#globalNavWrapper {
height: 24px;
}
#globalNavWrapper #secNav {
top: 24px;
}
#globalNavWrapper .hr { /* submenu dividers */
/* omitted in non-IE */
}
Care2 member? Login or become a member!
My Care2 main
My Page
My Account
My Friends
My Messages
My Groups
My Share Network
My Photos
My News
My PetitionSite
My eCards
My Click to Donate People main
Photos
Share
Events
Singles
Invite Friends
My Page
My Friends
My Network Groups main
Create a Group
My Groups News Network main
Election '08
Popular Stories
Newly Submitted
My News Healthy & Green Living main
Food & Recipes
Health & Wellness
Healthy Home
Family Life
True Beauty
Spirituality
Pets
On The Go
Ask Annie
Blogs
Newsletters eCards main
Sent Cards
Favorites
Future Cards Petitions main
Sign a Petition
Create a Petition
My PetitionSite Click to Donate main
Stop Global Warming
Baby Seals
Big Cats
Breast Cancer
Children
Oceans
Pets in Need
Primates
Rain Forest
Violence Against Women
Daily Action Site
My Click to Donate
#globalNavWrapper #pad_8 ul.submenu { top: 22px !important; }
/* should not be here - see Bug 5303 */
body {
font-family:"Lucida Grande",sans-serif;
}
#c2GlobalFooterWrapper {
padding-top: 50px !important;
}
popular stories
newly submitted
community
All News
Environment
US Politics & Gov't
World
Business
Green Lifestyle
Society & Culture
Animals
Health & Wellness
Science & Tech
Offbeat
.list_view_w_author .news_item {
margin-left: 50px;
}
.list_view_w_author .response_counts {
padding-bottom: 20px;
clear: left;
}
24
Exxon Mobil Makes Monster Profit, Oil Giant Raked In $40.6B In 2007 - Biggest Annual Profit In History For U.S. Company - CBS Ne
World
(tags:
)
Carol
- 82 days
ago
- cbsnews.com
The Supreme Court on Monday agreed to decide whether Exxon Mobil Corp. should pay punitive damages in connection with the huge Exxon Valdez oil spill that fouled more than 1,200 miles of Alaskan coastline in 1989.
add a comment
|
visit site
|
problem?
Comments
Carol W. (111)
Saturday February 2, 2008, 8:06 am
The year of Katrina was another record for Exxon profits. 40 B year after year while they refuse to pay for damages and clean up of oil spills, pollution, & accidents, stringing out courts & legal maneuvers for a decade rather than accept accountability. WASHINGTON, Oct., 29, 2007http://www.cbsnews.com/stories/2007/10/29/supremecourt/main3423163.shtmlAP) The Supreme Court on Monday agreed to decide whether Exxon Mobil Corp. should pay punitive damages in connection with the huge Exxon Valdez oil spill that fouled more than 1,200 miles of Alaskan coastline in 1989.The high court stepped into the long-running battle over the $2.5 billion in damages that Exxon Mobil owes in the spillage of 11 million gallons of oil into Alaska's Prince William Sound, the worst oil spill in U.S. history.The Exxon Valdez supertanker had run aground on a reef. A federal appeals court already had cut in half the $5 billion in damages awarded by a jury in 1994.The justices said they would consider whether the company should have to pay any punitive damages at all. If the court decides some money is due, Exxon is arguing that $2.5 billion is excessive under laws governing shipping and prior high court decisions limiting punitive damages.The damages were, by far, the largest ever approved by federal appeals judges, the company said in its brief to the court.The case probably will be heard in the spring. The court's last ruling on punitive damages, in February, set aside a nearly $80 million judgment against Altria Group Inc.'s Philip Morris USA. The money was awarded to the widow of a smoker in Oregon.Justice Samuel Alito, who owns between $100,000 and $250,000 in Exxon stock, recused himself from the case.Exxon said it already has paid $3.4 billion in clean-up costs and other penalties resulting from the oil spill, which killed hundreds of thousands of seabirds and marine animals.Lawyers for the plaintiffs, some of whom are deceased, said the damages award is "barely more than three weeks of Exxon's net profits." The plaintiffs still living include about 33,000 commercial fishermen, cannery workers, landowners, Native Alaskans, local governments and businesses.The Irving, Texas-based oil company marshaled more than a dozen organizations ranging from groups of shippers to the U.S. Chamber of Commerce, to support its bid for Supreme Court review.The company argued it should not be held responsible for the mistakes of the ship's captain, Captain Joseph Hazelwood,The company has been battling the judgment for over a decade. The company has managed to get the award cut in half from the original $5 billion awarded in 1994 by an Anchorage jury in the class-action suit.The 9th U.S. Circuit Court of Appeals reduced the punitive damages because, in part, the company tried to clean up the spill and didn't spill oil from the tanker Exxon Valdez deliberately.
Why is this inapropriate?
Send Report
Cancel
Your report has been submitted to Customer service. Thank you.
There was a problem submitting your report. Please try again later.
Paige S. (204)
Saturday February 2, 2008, 12:43 pm
This company should be embarrassed about this, not bragging about it. Sounds like they could afford to pass along some of that to the consumers by lowering the price they charge to the independent gas station owner, who are making no money off of gas sales, and in some cases are losing money. Do the right thing, Exxon/Mobil.
Why is this inapropriate?
Send Report
Cancel
Your report has been submitted to Customer service. Thank you.
There was a problem submitting your report. Please try again later.
Compose your comment and submit: (plain text only please. Allowable HTML: )
[stop tracking]
Track Comments: Notify me
with a personal message
when other people comment on this story
Loading Noted By...Please Wait
Most Active Today in World
73
Cracking the 'Great Firewall' of China's Web Censorship
11 comments
|
visit site
59
UN Cuts School Children's Meals
2 comments
|
visit site
50
Our Primary Mission Is to Assist the Cultural Survival of the Tibetan People Through Health, Technological and Educational Proje
3 comments
|
visit site
more World stories »
Carol W.
Carol W. (111)
send green star
Carol's contributions:
Stories noted recently: 16
Stories submitted: 226
Front Page stories: 39
Duplicate
Bad Link
Old News/Not News
Spam
Pornography
Content and comments expressed here are the opinions of Care2 users and not necessarily that of Care2.com or its affiliates.
close this window
div.panel-container {
top: 0px;
}
.js-show-block,
.js-show-inline {
display: none;
}
Community
People
Groups
News Network
Blogs
Photos
Polls
Green Living
Family
Food & Recipes
Healthy Home
Personal Care
Pets
Spirituality
Take Action
Action Alerts
Click to Donate
Shopping
Green Jobs
Petitions
Join Care2
My Stuff
My Care2
My Page
My Account
My Messages
My Friends
My Groups
Search
Care2
Groups
People
Petitions
News
Google
Thank you to our Nonprofit Partners:Join Care2 |
Help Center |
Contact Us |
Advertise |
Careers |
About Us |
Our Vision |
Partnerships |
Press |
Terms of Service |
Privacy
Copyright © 2008 Care2.com, Inc. and its licensors. All rights reserved
2.8610229492188E-06
[render:contentloaded] => 0.55458879470825
[render:tokensbuilt] => 0.56892895698547
[render:end] => 0.56963777542114
)
-->
разделы
измерительный комплекс к2-79
mobil pegasus
дирижабль
барбекю
мистер бин
tognana фарфор
госпиталь мэш
красный площадь васильевский спуск
аэробика мячом
купить ниппель
кострома жилье
переработка резина
бахила производитель
ароматный мир
ротационный rvg
санфаянс
двухтарифные электросчетчик
купить букмекерский линия
профессиональный фарфор
пескоструйка
sony ericsson k790i купить
сборный доставка
консультирование организация
красный объявление
кулер
портативный радиостанция
5004.14 (крышка)
калибровка цвет
сканер штрихкодов
intex
покраска аэротенк
огнестойкий краска
урок охота
газонокосилка stiga
доставка суша
электрокамин dimplex model silver (sp4)
универсам красный площадь
дмитрий шумок
электротельфер
холодильник бош
автошкола
экг 4у
детский мир wow
бензопила dolmar
бордюр
три цвета: красный
бейсболки заказ
сушильный машина asko
пекарня
дулевский фарфор
искать фотограф
вкус цвет
информационный валаам
datamax
доставка окон
диспорт
время иваново
флаг заказ
intex
швейцария культура
градирня вентиляторные грд
чиллеры
ножной пластырь
внутренний перегородка
5004.14 (крышка)
купить конвертер
легранд
оповещение
кулер комп
дирижабль
ваттметр
варочный поверхность cata
добрый тепло
изготовление презентация
куллер
sikkens краска
детский мир
кайт
купить каболка
сборщик долг
магнитный доска
измеритель фаза нуль
монетница
время архангельск
рукавичка доставка
mobil gargoyle
холодильник либхер
теплолюкс
двухтарифные электросчетчик
li-da
5004.14 (крышка)
кулер комп
шелкография
холодильник либхер
гостинницы санкт-питербурга
газонокосилка black decker
мустанг лазер
билет хоккей
электропечь dimplex model lee rc
автоподъемник
узи сделать
sky link
mobil cut