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Published 3 years ago • loading... • Updated 3 years ago

Biden to spotlight oil companies’ huge profits amid high prices at the pump

Summary by Ground News

Exxon Mobil on Friday morning reported its highest earnings ever at $19.7 billion for the quarter, while Shell reported its second highest of $9.5 billion. The soaring profits in the third quarter of 2022 continue a trend of massive profits for the oil industry as Russia's invasion into Ukraine is driving up gas prices.

79 Articles

79 Articles

Biden floats windfall tax on energy producers

Biden delivered remarks to respond "to reports over recent days of major oil companies making record-setting profits" while gas prices remain high.

3 years ago

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Biden floats windfall tax on energy producers

Biden delivered remarks to respond "to reports over recent days of major oil companies making record-setting profits" while gas prices remain high.

3 years ago

Read Full Article

Biden floats windfall tax on energy producers

Biden delivered remarks to respond "to reports over recent days of major oil companies making record-setting profits" while gas prices remain high.

3 years ago·Dallas, United States

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Biden floats windfall tax on energy producers

Biden delivered remarks to respond "to reports over recent days of major oil companies making record-setting profits" while gas prices remain high.

3 years ago·Boise, United States

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USA: Biden threatens oil companies with excess profit tax

Here you can find information on the subject of “USA”. Read now “Biden threatens oil companies with excess profit tax.”

3 years ago·Germany

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Biden floats windfall tax on energy producers

Biden delivered remarks to respond "to reports over recent days of major oil companies making record-setting profits" while gas prices remain high.

3 years ago·St. Louis, United States

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Coverage Details

Total News Sources79

Leaning Left17Leaning Right7Center45Last Updated3 years agoBias Distribution

65% Center

Bias Distribution

65% of the sources are Center

65% Center

+11

+40

Untracked bias

+1

Factuality

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Energy Voice broke the news in United Kingdom 3 years ago on Friday, October 28, 2022.

Sources are mostly out of (0)

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