Friends of the Earth: Chevron Continues to Make a Killing on Crude

WASHINGTON, D.C. —(ENEWSPF)—January 30, 2015. Chevron (NYSE: CVX) announced their annual profits for 2014. Even with oil prices down from record highs, Chevron’s $19.2 billion in profits rank it among the most profitable companies in the world.

Meanwhile, it is likely that Chevron received a sizeable share of the at least $10 billion in federal tax breaks and other U.S. subsidies that the oil industry enjoyed last year.

Friends of the Earth Climate and energy…