Clearly with awful results like these Big Oil still needs those subsidies

Via the AP:

Now I really believe those oil execs who said on Capitol Hill that they still needed the government subsidies to Big Oil:

Exxon Mobil, meanwhile, posted a 41 percent increase in its second-quarter earnings to $10.68 billion, the largest since it set a record of $14.8 billion in the third quarter of 2008. Its revenue grew 36 percent to $125.5 billion.

Yeah they’re really hurting for money right now.

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