ExxonMobil, the world's largest oil company, just posted record profits of $8.3 billion for the fourth quarter of 2008 and $45 billion for all of 2008. It has not participated in distributing discounted oil to Citizens Energy Corp.
Isn't it amazing that Joe Kennedy II, chief executive of Citizens Energy Corp., has to rely on Hugo Chavez, president of Venezuela, through Citgo Petroleum, a Venezuelean company, to provide discounted heating oil to Citizens Energy. This oil is then distributed in a number of states to needy homeowners to heat their homes during winter months. States that participate include all the New England states, New York, New Jersey, Pennsylvania, Maryland, Delaware, Virginia, Indiana, Michigan, Wisconsin and Alaska.
ExxonMobil should stop being a scrooge and give back some of its massive wealth through the distribution of discounted oil to homeowners who cannot afford to purchase heating oil at the regular price.
Donald A. Moskowitz
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