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The following article first appeared at Working In These Times, the labor blog of In These Times magazine. For more news and analysis like this, sign up to receive In These Times' weekly updates.
With
almost $500 billion in annual revenues, ExxonMobil is one of the
world's truly powerful corporations. With all its resources and riches,
the mammoth energy firm—the largest on the Fortune 500 list—Texas-based
ExxonMobil is not loyal to America. Former CEO Lee Raymond made clear
that his company’s only loyalty was to maximizing returns for
shareholders when he pronounced,
“I’m not a U.S. company and I don’t make decisions based on what’s
good for the U.S.” Or, Raymond might have added, based on what’s good
for U.S. workers and communities."
The
company has been resisting implementing a safety agreement at a
Louisianan refinery that it already has agreed to around the
country. “ExxonMobil has been trying to undercut rest of oil industry on
health and safety standards,” says Patrick Young of the United
Steelworkers (USW) special campaigns department. READ MORE
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