"Only dull people are brilliant at breakfast" -Oscar Wilde |
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"The liberal soul shall be made fat, and he that watereth, shall be watered also himself." -- Proverbs 11:25 |
Campaign contributions from oil industry executives to Sen. John McCain rose dramatically in the last half of June, after the senator from Arizona made a high-profile split with environmentalists and reversed his opposition to the federal ban on offshore drilling.
Oil and gas industry executives and employees donated $1.1 million to McCain last month -- three-quarters of which came after his June 16 speech calling for an end to the ban -- compared with $116,000 in March, $283,000 in April and $208,000 in May.
Exxon Mobil Corp. posted a 14% rise in second-quarter net income, boosted by high oil prices, but results were tarnished by falling production figures that worried investors.
Exxon Mobil's profit of $11.68 billion, or $2.22 a share, up from $10.26 billion, or $1.83 a share, a year earlier, wasn't enough to distract investors from a 7.8% drop in its production of oil and natural gas. The earnings also missed Wall Street expectations of $2.52 a share, according to analysts surveyed by Thomson Reuters.
Labels: oil
And boy, the McCain. Some money-grubbing maverick. Yeah, he's something.