From leonard hofstatder@21:1/5 to All on Sat Jul 30 07:50:39 2022
Oil companies’ profits soar along with prices
Cathy Bussewitz
ASSOCIATED PRESS
NEW YORK – Oil companies swam in record profits over the last few months
at a time when Americans struggled to pay for gasoline, food and other
basic necessities.
On Friday, Exxon Mobil booked an unprecedented $17.85 billion profit for
the second quarter and Chevron reported a record $11.62 billion. The
sky-high profits come one day after the U.K.’s Shell shattered its own
profit record.