Published 2 years ago

Biden bashes big oil: ‘Exxon made more money than God this year’

Summary by Ground News

Biden will speak at the port on Friday with inflation persisting as a problem. The port moved to round-the-clock operations last October under an agreement. The goal was to remove backlogs of ships waiting to dock and containers waiting to flow into the country. The forces driving inflation have shifted to rising energy and food costs.

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Times of India

Joe Biden says ExxonMobil 'made more money than God'

ExxonMobil reported massive profits in the first three months of the year despite lower oil and natural gas volumes, as crude prices rose after Russia's invasion of Ukraine.

2 years ago·India

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Reuters

Facing record inflation, Biden chides Exxon, oil companies for profits

U.S. President Joe Biden on Friday accused the U.S. oil industry, and Exxon Mobil Corp in particular, of capitalizing on a supply shortage to fatten profits after a report showed inflation surging to a new 40-year record.

2 years ago·United Kingdom

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Washington Times

Biden claims incremental progress on supply chains amid soaring inflation

President Biden on Friday praised port workers for speeding up supply chains and said his legislative agenda would cut families’ monthly costs as he grapples with inflation that rose to a new 40-year high in May and remains a huge drag on his presidency.

2 years ago·United States

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New York Post

Biden insists inflation ‘top economic priority’ — then blames everyone else for it

President Biden claimed Friday that fighting inflation is his “top economic priority” — then laid the devastating economic news at the feet of Russian President Vladimir Putin.

2 years ago·New York, United States

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