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Keyword: oilbashing

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  • Oil Bashing, Round Two : How about a windfall pundit's tax on high TV ratings?

    02/01/2006 9:55:30 AM PST · by SirLinksalot · 22 replies · 702+ views
    Wall Street Journal ^ | 02/01/2006 | Wall Street Journal Editorial
    Oil Bashing, Round Two How about a windfall pundit's tax on high TV ratings? Public companies typically advertise higher earnings, but such is the politics of energy in Congress these days that Exxon is blitzing the media with ads playing down its record 2005 profit of $36.1 billion. The last time Big Oil reported earnings, industry executives were paraded before the Senate, grilled about high fuel prices and threatened with special taxes--so the reverse PR blitz is understandable. Of course, Exxon is guilty only of responding to a market need, and its earnings are nothing to apologize for. As a...