Exxon, Chevron Made $71 Billion Profit In 2012 As Consumers Paid Record Gas Prices

Exxon, Chevron Made $71 Billion Profit In 2012 As Consumers Paid Record Gas Prices: While 2012 might not be a banner year for Big Oil profits, it wasn’t a bad one either. With just BP left to announce 2012 earnings, Big Oil earned well over $100 billion in profits last year, while the companies benefit from continued taxpayer subsidies. Average gas prices also hit a record high last year, [...]/p