Economics
Stuck Earning $1 a Day? Exxon Wants to Help
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Big Oil and King Coal are in it for the little guy.
Exxon Mobil Corp., Chevron Corp., Peabody Energy Corp. and Glencore Plc have increasingly taken to portraying themselves as champions of the world’s poor. Billions of people in developing countries, they say, need access to cheap oil, natural gas and coal to pull themselves from poverty into the middle class.