exxon mobil

The oil industry vows to fight President Obama’s budget proposal unveiled yesterday that would raise $32 billion by taxing oil companies that failed to pay royalties on Gulf of Mexico oil leases issued between 1996 and 2000. Whether they can succeed is another question.
The American Petroleum Institute is objecting, and the major oil companies potentially on [...]

Chevron is the latest oil company to try to prove it’s environmentally aware by supporting energy conservation. But this could be a tough sell.