Sentences with phrase «profits at energy companies»

A big contributor has been plunging profits at energy companies, which account for 7 % of the S&P 500's market capitalization.

Not exact matches

The facts are not right here, energy is cheap that means the cost of manufacturing and transporting of goods is low, food and consumers staples already more affordable, so what if a few American oil companies going out of business.the cost of producing oil in middle east is less than $ 10 / bl and we were paying more than $ 140 / bl for it, with that huge profit margin the big oil companies and oil producing nations became richer and the rest of us left behind, with the oil price this low the oil giants don't want to reduce the price at pump even a penny, because they are so greedy.worst case scenario is some CEOs bonuses might drop from $ 20 million to $ 15 millions I am sure they will survive.in terms of the stock market it always bounces back, after all it's just a casino like game.

Look at the Percoco debacle — the energy companies are worst offenders in pay - for - play and don't seem to care that their short term profits are destroying the same planet their children and grandchildren will be living on.

«At the moment the only thing rising faster than household fuel bills are the profits of the energy companies.»

Guess it pays to be the biggest oil company in the world — even though their profits are at the lowest they've been in six years, Exxon still managed to spend more money on lobbying efforts for the climate bill than the entire clean energy industry combined.

Europe continues to be taken hostage by destructive fossil fuels and the companies who profit from them, according to Friends of the Earth groups protesting at an informal meeting of European energy ministers in Amsterdam today.

Yet, it still may be possible for fossil fuel companies to make a transition over the next two decades into energy companies that produce clean, low carbon energy at reasonable cost and reasonable profit.