League of Conservation Voters – Big Oil’s Banner Year

The five largest oil companies — BP, Chevron, ConocoPhillips, ExxonMobil, and Royal Dutch Shell — made a record-high $137 billion in profits in 2011.

photo by The Alliance for Biking and Walking via flickr

That’s up 75 percent from 2010. Additionally, these oil giants have made more than $1 trillion in profits from 2001 through 2011. This exceeds the previous record of $136 billion in profits in 2008.

Read the full story here.

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