Royal Dutch Shell Plc, Europe’s largest oil company, posted its first quarterly loss in 10 years following a record plunge in oil prices, and warned that industry conditions “remain challenging.”More....The fourth-quarter net loss was $2.81 billion, or $0.44 a share, compared with a profit of $8.47 billion, or $1.36, a year earlier, The Hague-based Shell said today in a statement. Revenue fell 24 percent to $81.07 billion.
"In fact, in Feelingstown, facts become insults: If facts debunk feelings, it is the facts that must lose." Ben Shapiro
Friday, January 30, 2009
Should they get a bailout
So everyone was on "Big Oil's" back when they were making record profits but now they're in bailout mode.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment