HERE'S WHAT FLORIDIANS CAN DO TO PREVENT OIL SPILLS 3 STAR Edition
People can boycott Exxon if they wish, but it will probably have little effect. The company has nearly $100 billion in sales annually. It employs thousands of people. Retirees rely upon cash dividends from Exxon stock. That's not to say that Exxon, or the oil industry, is more profitable on ave...
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| Published in | The Orlando sentinel |
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| Main Author | |
| Format | Newspaper Article |
| Language | English |
| Published |
Orlando, Fla
Tribune Publishing Company, LLC
25.04.1991
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| Online Access | Get full text |
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| Summary: | People can boycott Exxon if they wish, but it will probably have little effect. The company has nearly $100 billion in sales annually. It employs thousands of people. Retirees rely upon cash dividends from Exxon stock. That's not to say that Exxon, or the oil industry, is more profitable on average than other industries - that's a myth. Over time, oil companies lag the average return on assets of other industrial companies by about 1 percent. |
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