It looks like you're using an Ad Blocker.
Please white-list or disable AboveTopSecret.com in your ad-blocking tool.
Some features of ATS will be disabled while you continue to use an ad-blocker.
Exxon Mobil shoved aside Wal-Mart Stores to retake the top place on the Fortune 500, proving that Big Oil was king of the economy last year.
Exxon Mobil was the top selling-company in 2008, with nearly $443 billion in revenue, a jump of almost 19% from the prior year. The Irving, Texas-based oil giant was also the most profitable, with earnings of $45.2 billion.
Other oil companies took high ranking spots in the Fortune 500. Chevron held its place at third, its revenues growing nearly 25%, while ConocoPhillips moved up one notch to fourth, its sales jumping more than 29%.
Originally posted by poet1b
You really don't get how oil companies and automobile companies have gotten our transportation system created in a manner that assures their tremendous profits?
Originally posted by thisguyrighthere
Didnt we do this in like 1818?
Then nobody used them for transportation so they ceased to be economically viable. Last I knew Amtrack was bankrupt and living off of its own 'stimulus' package.
I've taken trains up and down the East Coast and it's expensive. Like $60-$80 to go to Maryland from NY. Ridiculous. Not to mention the pain figuring out the bus schedule once I got there or paying for a taxi.
I would love to travel by rail but it's expensive and a real pain in the A.
To change that the cost of rail travel would have to fall a lot or the cost of flying and driving would have to skyrocket. But if driving becomes too expensive what happens to the everyday work commute? We all move into those urban ghettos and live in government condos like they want us to do or will little town to town trains spring up all over the o#ry and run every hour on the hour 24/7?
Cute idea but unrealistic and doomed to be another money pit.