DISQUS

DISQUS Hello!  The comments on this profile are unclaimed and thus are unverified.

Do they belong to you? Claim these comments.

marlee60's picture

Unregistered

Feeds

aliases

  • marlee60

marlee60

1 year ago

in Big Oil Defends Profits on The Washington Independent
"High profits in up-cycles, they said, are needed to fund development in down-cycles."

I didn't see the hearings but this sounds like the same excuses they gave the last time. When was there a down-cycle for oil industry??? Is the panel just playing softball with these oil-moneybags? Did anybody question further about the down cycles? If there ever was downcycle, this time in history should be it. But no - historical record profits rolling in.
Returning? Login