Big Oil Making a Fortune

You keep laughing. I will laugh my way to the bank.


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Darn, I discovered your gold mine.

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Which one are you?
 
Exxon reported doubling quarterly earnings from a year earlier, even after a write-down of $3.4 billion from abandoning its operations in Russia.

Largely because of soaring oil prices, which rose in the quarter to well over $100 a barrel from $76, the company made $5.5 billion in the first three months of the year — an increase of more than $6 billion from the same quarter in 2021. The company made an $8.9 billion profit in the last three months of 2021.

And you thought the price of gas was high because of lower prodution?

It's higher PROFITS

Why do you think they contribute so heavily to DemoKKKrats like Joe Biden?
 

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