The money that #oil companies accrued between the beginning of April & the end of June could receive extra scrutiny this year. #Gasoline, #diesel & #JetFuel prices climbed sharply during that period, increasing costs for drivers & airline passengers. Supplies ran low in some countries, leading to sporadic #fuel #rationing in Australia & government office closures in Nepal & Sri Lanka.
#BigOil #WarProfiteering #ClimateChange #TrumpsWar #IranWar #US #Iran #Trump #economy #affordability #energy
#ExxonMobil on Friday reported that its second quarter profits doubled to $14.53 billion, boosted by record #diesel production. The #oil giant, based in Spring, Texas, brought in $116.02 billion in revenue, up 42%.
#Chevron, based in Houston, nearly quadrupled its profits to $12.07 billion & revenue jumped 56% to $70.06 billion.
#BigOil #WarProfiteering #FossilFuels #ClimateChange #TrumpsWar #IranWar #US #Iran #Trump #economy #inflation #affordability #CostOfLiving #oil #energy #EnergyCrisis
