Tag: crude oil
dear Guyana, Even the mighty ExxonMobil has been hobbled by cheap oil.
stop dreaming of that oil and get busy. any nation depending on extractive industries to rescue it is doomed from the start CNN Money: Profits at the largest U.S. oil company crashed by 59% during the second quarter to just $1.7 billion. That may sound like a lot, but it’s actually the tiniest bottom line…