The company said it earned $6.57 billion in the quarter, the lowest since the first quarter of 2010, on revenue of $87.28 billion. Last year Exxon earned $8.35 billion on revenue of $110.86 billion.
Oil has averaged $96 a barrel over the past four years, fueling more drilling, more hiring, and bigger appetites in North Dakota, Texas, Oklahoma and elsewhere. Now oil has hit a rough patch, plunging to $80 from $107
The director of the Texas Film Commission says incentives used to reimburse production companies are helping lure them to the Lone Star State.
“Bloody, Bloody Andrew Jackson” follows the founder of the Democratic Party as he worked his way from the frontier to the White House.