www.youtube.com
And here it is. Tell me why the Right Wing American Taliban are such terrorists? Did they realize the oil and energy thieves are the real culprit for high prices?
www.newsweek.com
You still won't acknowledge how that industry works. Must suckJust 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
How much longer are you MAGAt Trumptards going to continue trying to spread this FAKE talking point?
accountable.us
Nope
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.
What industry wants to invest big bucks when the administration is promising to get rid of that industry?How much longer are you MAGAt Trumptards going to continue trying to spread this FAKE talking point?
The REAL stats on drilling lwases and production are a matter of public redord. A freakin' 5th grader could easily access the real numbers for a class assignment.
Yet....gwre you are.
Desperately clinging to tour "fake news."
And why?
It really makes you look sad and misinformed to choose to remain ignirant when real and accurate information is so easy to access these days.
By November 2021, The Biden Administration Had Already Approved More Oil And Gas Drilling Permits Than The Trump Administration Did Annually For Three Years. The Biden Administration Approved More Oil And Gas Drilling Permits In Ten Months Than The Trump Administration Approved Annually For Three Years. “The Biden administration has approved more oil and gas drilling permits on public lands per month than the Trump administration did during the first three years of Donald Trump’s presidency, according to an analysis shared exclusively with The Climate 202.” [Washington Post, 12/06/21
Biden Approves Hundreds More Drilling Permits Than Trump
The American Petroleum Institute blames environmental protections on high energy prices, while Biden gives Big Oil more drilling permits.
/——-/ Oil companies earn profit by supplying needed energy and employs hundreds of thousands. Actually their profit per gallon of gas is rather small compared to say an iPhone or cup of burnt coffee.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.
