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Exxon Mobil Corp XOM

Alternate Symbol(s):  N.XOM

Exxon Mobil Corporation is an international energy and petrochemical company. The Company’s primary businesses include exploration for, and production of, crude oil and natural gas; manufacture, trade, transport and sale of crude oil, natural gas, petroleum products, petrochemicals, and a variety of specialty products; and pursuit of lower-emission business opportunities including carbon capture and storage, hydrogen, lower-emission fuels, and lithium. Its segments include Upstream, Energy Products, Chemical Products, and Specialty Products. The Upstream segment explores for and produces crude oil and natural gas. The Energy Products, Chemical Products, and Specialty Products segments manufactures and sells petroleum products and petrochemicals. Energy Products include fuels, aromatics, and catalysts and licensing. Its Chemical Products consists of olefins, polyolefins, and intermediates. Its Specialty Products include finished lubricants, synthetics, and elastomers and resins.


NYSE:XOM - Post by User

Bullboard Posts
Post by bc4uon Feb 22, 2013 9:26am
215 Views
Post# 21027896

ACE Says Desperation Motivating ‘Big Oily Food’ Ap

ACE Says Desperation Motivating ‘Big Oily Food’ Ap

ACE Says Desperation Motivating ‘Big Oily Food’ Appeal To Supreme Court

Posted on 21 February 2013 by Gary Truitt


Executive Vice President of the American Coalition for Ethanol, Brian Jennings today was critical of the American Petroleum Institute’s (API) and the Grocery Manufacturers Association’s (GMA) effort to appeal rulings by the U.S. Court of Appeals that they groups did not have standing to sue over E15. “Big Oily Foods’ cozy and self-serving relationship to do whatever it takes to stop consumers from access to safe and affordable E15 fuel is dripping with highly-saturated desperation.  First these groups convince a couple Members of Congress to introduce legislation which would overturn EPA’s science-based decision to approve E15 for 2001 and newer model year cars.  Now, after their lawsuits against EPA have been rejected by lower courts, they are appealing to the Supreme Court to help protect their profitable status-quo.”
 
 
 
“With gasoline prices on the rise for 35 days in a row, American-made E15 will help drivers save money at the pump.  The gap between ethanol and gasoline prices has widened, making E15 a much more affordable and attractive option for retailers and consumers.  As we have said before regarding the so-called study by CRC cited by API as a reason to stop E15: the definitions of “pass” and “fail” and the cars selected for testing were carefully chosen to produce the results the study’s funders wanted.  The Department of Energy has pointed out that the CRC tests included engines with known durability issues, and that one of the engines even failed while running on straight gasoline with no ethanol.  We expect that the Supreme Court refuses to hear this appeal.”


https://www.hoosieragtoday.com/index.php/2013/02/21/ace-says-desperation-motivating-big-oily-food-appeal-to-supreme-court/

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