Hurricane Katrina cost Utah motorists up to $101.8 million in higher gasoline prices at the pump late last year, based on estimates from new government data. That comes to about $57 per licensed driver in Utah.Deseret Morning News
Utah took $101 million hit at pump
February 14, 2006
Exxon Mobil Corp. set U.S. records for annual and quarterly profits Monday as it easily topped fourth-quarter earnings forecasts. The nation's largest oil company reported net income in the fourth quarter of $10.7 billion, or $1.71 a share, compared to $8.4 billion, or $1.30 a share, a year earlier.CNN Money.com
Exxon Mobil sets profit record
January 30, 2006
The federal government is on the verge of one of the biggest giveaways of oil and gas in American history, worth an estimated $7 billion over five years. New projections, buried in the Interior Department's just-published budget plan, anticipate that the government will let companies pump about $65 billion worth of oil and natural gas from federal territory over the next five years without paying any royalties to the government.New York Times
U.S. Royalty Plan to Give Windfall to Oil Companies
February 13, 2006
Weber County Forum upgrades Exxon Mobil (XOM), and the energy sector in general, to a "Strong Buy" for the year 2006. There are oilmen at the helm in the Whitehouse, after all; and there's a "killing' to be made for savvy investors in the energy sector. Back up the truck, and load up on energy shares. The oil and gas companies will be happy to assist us in continuing to maintain our energy-profligate lifestyles, but you'd better believe we're going to pay through the nose for it.
And what say our gentle readers about this?
