Archive for February 23rd, 2009

Feb 23 2009

KPFK Fund Drive Day 18 – Crude Impact and the Tyranny of Oil (Rebroadcast)

Feature Stories | Published 23 Feb 2009, 10:48 am | Comments Off on KPFK Fund Drive Day 18 – Crude Impact and the Tyranny of Oil (Rebroadcast) -

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Crude ImpactDespite the fact that most industries across the board are feeling the impact of the recession, the oil industry has so far remained more or less immune. Oil giant Exxon-Mobil posted a net profit of $45.2 billion for all of 2008. Still, the fall in oil prices from last year has …

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