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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.

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  • 65% of the sources are Center
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Energy Voice broke the news in United Kingdom on Friday, October 28, 2022.
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