Tag: oil industry hemorrhaging money

The pandemic has pushed the oil industry into a position where it’s hemorrhaging money.  Recently we learned that ExxonMobil, a Dow component since 1928 (then Standard Oil), has left the DJIA, replaced by something of greater relevance to today’s world. …

Big Oil in Big Trouble: ExxonMobil, Oldest Member of the Dow 30, Ushered Out Read More »

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