And the Beat Goes On at Exxon
Posted in National stories
Feb. 1, 2007 at 13:09
by BrendaBee
“NEW YORK Oil giant Exxon Mobil Corp. on Thursday posted the largest annual profit by a U.S. company $39.5 billion even as earnings for the last quarter of 2006 declined 4 percent.”
I found it interesting that the story above appeared in The New York Times on the same day they also reported from Anchorage, Alaska that 18 years after the Exxon Valdez oil spill off the coast of Alaska as much as 85 tons of oil still remains in Prince William Sound. The rate of decline is only 4% a year and is even slower in the Gulf of Alaska.
For those of you who might not remember this tragedy, the oil tanker Exxon Valdez ran aground off the coast of Alaska and fouled hundreds of miles of shoreline. The oil killed thousands of birds and fish as well as polluting the feeding areas and thus starving uncounted other sea animals. The area is still uninhabitable for many sea animals because of the oil remaining just below the surface along the beaches. In the mean time for oil giant Exxon the Beat Goes On.
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