BioEnergy Producers Association

The five major oil companies have made something approaching $1 trillion in profits over the past ten years.

A White Paper by the House Select Committee on Energy Independence and Global Warming has stated that ExxonMobil recorded $40 billion in profit in 2007, and that it used its profits to re-purchase $31.8 billion worth of its own stock, increasing the value of management's holdings, while investing $10 million in renewable energy alternatives.  The compensation for its top five executives was $76 million, a 170% increase since 2001--roughly equivalent to the increase in the price of gasoline. CLICK HERE to read the entire report.