Exxon and Chevron rack up giant quarterly profits.

[1srelluc]

 

[MagicMike]

In their defense, I am not sure you can say they are lying as they seem to honestly believe that oil and NG production is down under Biden. It is what they are told 24/7 and none of them would ever question what they are fed

Another cult talking point they love is that the U.S. achieved "energy independence" under Trump.

Total bullshit!
We have never been 100% "energy independent."

 

[Harpy Eagle]

Another cult talking point they love is that the U.S. achieved "energy independence" under Trump.

Total bullshit!
We have never been 100% "energy independent."

and the funniest part is that using the definition they use for energy independence, we have also achieved it under Biden. So now they change the definition.

 

[MagicMike]

Not even bothering with the play button on your goofy video.

Why don't you save me the trouble and tell me what it is you're trying to express that ONLY someone else's video can say for you.

 

[BasicHumanUnit]

Socialists / Communists should be rejoicing (secretly they are)

ALL those wonderful TAXES the Feral Government Cartel will siphon off and send to foreign nations

 

[beautress]

Just remember when Fox News tells you that high prices are all Biden's fault, that companies like Exxon and Chevron are merely protecting themselves from him by passing on higher costs to you. It's really Biden's fault.



Exxon Mobil and Chevron, the largest U.S. oil companies, reported on Friday a fourth consecutive quarter of robust profits on the back of high oil and natural gas prices and strong chemical and refining earnings.

But the companies remain cautious as they face uncertain future prices because of a weakening global economy and international conflict.

Exxon’s profit of $19.7 billion from operations topped the previous quarter’s $17.9 billion. The oil giant’s latest quarterly profit was nearly triple what it made in the same period last year. It cited oil and natural gas output as major contributors, along with cost cutting.

The company said its production in the Permian Basin of Texas and New Mexico was its highest ever, as was the volume of its North American refining. “The investments we’ve made, even through the pandemic, enabled us to increase production to address the needs of consumers,” Darren Woods, the chief executive, said in a statement.

The company said it was continuing a policy of disciplined investing, not budging from budget plans set before oil prices spiked following the Russian invasion of Ukraine. Mr. Woods said the company was committed to “rigorous cost control.”

What We Learned About the Economy This Week (Published 2022)

Fresh data on inflation and growth, and actions by policymakers , created a complex picture of the global economy.

www.nytimes.com

You are defending a leader who is a mentally ill man, McRib. And he takes orders from his very evil, jealous bosses when nobody's around lest they place all the blame on him for the corrupted 2020 election that cheated the American people's majority vote out of their choice for POTUS. The Democrat Party has delivered a death blow to freedom, and innocent people will wind up in prison if something isn't done about it in the very near future. He's out of "get out of jail free" cards from 3/4ths of the American people who are good and sick of the circus show the Democrats have delivered. Oh, wait. The innocent people who protested the cheated election on Jan. 6 are already in jail for treason against the insane people the cancel-culture Democrat party has created by its lusty greed for power that can never satisfy them. And they did nothing wrong except engage in a peaceful protest with truth on their side. Communism puts too much power in few hands, and the craven cowards have to kill off more than half of the population to get all the power they want over frightened people who hate their guts when they get home from their slave-wage jobs.

 

[toobfreak]

Just remember when Fox News tells you that high prices are all Biden's fault, that companies like Exxon and Chevron are merely protecting themselves from him by passing on higher costs to you. It's really Biden's fault.

Idiot, it takes high profits to insulate from Biden's erratic axing while still having the resources to make huge investments in research, exploration, development and maintenance. We want our energy sector that supplies 81% of all our energy needs to be healthy and stable, not on the fringe of dying like anything that Zuckerberg runs.

 

[1srelluc]

Not even bothering with the play button on your goofy video.

Why don't you save me the trouble and tell me what it is you're trying to express that ONLY someone else's video can say for you.

Same old tired leftist "they be makin' money" BS.....Well hey Skippy that's why I'm invested in them.....Maybe you should have got you some, I bet you would not be whining then.

Why do you hate capitalism?

 

[Harpy Eagle]

You are defending a leader who is a mentally ill man, McRib. And he takes orders from his very evil, jealous bosses when nobody's around lest they place all the blame on him for the corrupted 2020 election that cheated the American people out of their choice for POTUS. The Democrat Party has delivered a death blow to freedom, and innocent people will wind up in prison if something isn't done about it in the very near future. He's out of "get out of jail free" cards from 3/4ths of the American people who are good and sick of the circus show the Democrats have delivered. Oh, wait. The innocent people who protested the cheated election are already in jail for treason against the insane people the cancel-culture Democrat party has created by its lusty greed for power that can never satisfy them.

 

[candycorn]

Just remember when Fox News tells you that high prices are all Biden's fault, that companies like Exxon and Chevron are merely protecting themselves from him by passing on higher costs to you. It's really Biden's fault.



Exxon Mobil and Chevron, the largest U.S. oil companies, reported on Friday a fourth consecutive quarter of robust profits on the back of high oil and natural gas prices and strong chemical and refining earnings.

But the companies remain cautious as they face uncertain future prices because of a weakening global economy and international conflict.

Exxon’s profit of $19.7 billion from operations topped the previous quarter’s $17.9 billion. The oil giant’s latest quarterly profit was nearly triple what it made in the same period last year. It cited oil and natural gas output as major contributors, along with cost cutting.

The company said its production in the Permian Basin of Texas and New Mexico was its highest ever, as was the volume of its North American refining. “The investments we’ve made, even through the pandemic, enabled us to increase production to address the needs of consumers,” Darren Woods, the chief executive, said in a statement.

The company said it was continuing a policy of disciplined investing, not budging from budget plans set before oil prices spiked following the Russian invasion of Ukraine. Mr. Woods said the company was committed to “rigorous cost control.”

What We Learned About the Economy This Week (Published 2022)

Fresh data on inflation and growth, and actions by policymakers , created a complex picture of the global economy.

www.nytimes.com

Its incredible that they were able to do it really since, according to FOX and fiends...Biden shut down oil drilling.

 

[odanny]

You are defending a leader who is a mentally ill man, McRib. And he takes orders from his very evil, jealous bosses when nobody's around lest they place all the blame on him for the corrupted 2020 election that cheated the American people's majority vote out of their choice for POTUS. The Democrat Party has delivered a death blow to freedom, and innocent people will wind up in prison if something isn't done about it in the very near future. He's out of "get out of jail free" cards from 3/4ths of the American people who are good and sick of the circus show the Democrats have delivered. Oh, wait. The innocent people who protested the cheated election on Jan. 6 are already in jail for treason against the insane people the cancel-culture Democrat party has created by its lusty greed for power that can never satisfy them. And they did nothing wrong except engage in a peaceful protest with truth on their side. Communism puts too much power in few hands, and the craven cowards have to kill off more than half of the population to get all the power they want over frightened people who hate their guts when they get home from their slave-wage jobs.

Oh my.

 

[beautress]

Its incredible that they were able to do it really since, according to FOX and fiends...Biden shut down oil drilling.

What a creative pass the buck projection. *yawn*

 

[candycorn]

Oh my.

Gotta watch those "very evil" people. LOL

 

[okfine]

Just remember when Fox News tells you that high prices are all Biden's fault, that companies like Exxon and Chevron are merely protecting themselves from him by passing on higher costs to you. It's really Biden's fault.



Exxon Mobil and Chevron, the largest U.S. oil companies, reported on Friday a fourth consecutive quarter of robust profits on the back of high oil and natural gas prices and strong chemical and refining earnings.

But the companies remain cautious as they face uncertain future prices because of a weakening global economy and international conflict.

Exxon’s profit of $19.7 billion from operations topped the previous quarter’s $17.9 billion. The oil giant’s latest quarterly profit was nearly triple what it made in the same period last year. It cited oil and natural gas output as major contributors, along with cost cutting.

The company said its production in the Permian Basin of Texas and New Mexico was its highest ever, as was the volume of its North American refining. “The investments we’ve made, even through the pandemic, enabled us to increase production to address the needs of consumers,” Darren Woods, the chief executive, said in a statement.

The company said it was continuing a policy of disciplined investing, not budging from budget plans set before oil prices spiked following the Russian invasion of Ukraine. Mr. Woods said the company was committed to “rigorous cost control.”

What We Learned About the Economy This Week (Published 2022)

Fresh data on inflation and growth, and actions by policymakers , created a complex picture of the global economy.

www.nytimes.com

Exxon CEO said this crap...

“There has been discussion in the U.S. about our industry returning some of our profits directly to the American people,” he said in prepared remarks ahead of the company’s earnings conference call. “That’s exactly what we’re doing in the form of our quarterly dividend.”

>>Given that most Americans are not investors in Exxon, it seems doubtful that "the American people" as a whole will benefit from this announcement.<<

 

[okfine]

Not even bothering with the play button on your goofy video.

Why don't you save me the trouble and tell me what it is you're trying to express that ONLY someone else's video can say for you.

He's a moron.

 

[okfine]

Idiot, it takes high profits to insulate from Biden's erratic axing while still having the resources to make huge investments in research, exploration, development and maintenance. We want our energy sector that supplies 81% of all our energy needs to be healthy and stable, not on the fringe of dying like anything that Zuckerberg runs.

So, you like getting gouged. Another moron.

 

[Hellokitty]

and the funniest part is that using the definition they use for energy independence, we have also achieved it under Biden. So now they change the definition.

So explain why FJB is draining the Strategic Oil Reserves?

 

[okfine]

Anyone hear about some Right Wingers plan to sabotage a refinery? I heard something earlier. Please post it.

 

[toobfreak]

So, you like getting gouged.

No, apparently YOU DO. You voted for the Senile Bedpan. Until Biden, I was only paying about $2.50/gallon. The gouging didn't begin until the useless fuck got in office.

 

[marvin martian]

Just remember when Fox News tells you that high prices are all Biden's fault, that companies like Exxon and Chevron are merely protecting themselves from him by passing on higher costs to you. It's really Biden's fault.



Exxon Mobil and Chevron, the largest U.S. oil companies, reported on Friday a fourth consecutive quarter of robust profits on the back of high oil and natural gas prices and strong chemical and refining earnings.

But the companies remain cautious as they face uncertain future prices because of a weakening global economy and international conflict.

Exxon’s profit of $19.7 billion from operations topped the previous quarter’s $17.9 billion. The oil giant’s latest quarterly profit was nearly triple what it made in the same period last year. It cited oil and natural gas output as major contributors, along with cost cutting.

The company said its production in the Permian Basin of Texas and New Mexico was its highest ever, as was the volume of its North American refining. “The investments we’ve made, even through the pandemic, enabled us to increase production to address the needs of consumers,” Darren Woods, the chief executive, said in a statement.

The company said it was continuing a policy of disciplined investing, not budging from budget plans set before oil prices spiked following the Russian invasion of Ukraine. Mr. Woods said the company was committed to “rigorous cost control.”

What We Learned About the Economy This Week (Published 2022)

Fresh data on inflation and growth, and actions by policymakers , created a complex picture of the global economy.

www.nytimes.com

Biden promised to "end fossil fuels". What happened?