• Imagine That

    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


    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.

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