Fucking Big Oil just keeps fucking everyone
In 2022, ExxonMobil posted the most profitable year of any Western oil company ever. Thanks to booming energy prices, Exxon made $56 billion in profit last year—equivalent to $6.3 million each hour, per Reuters. The mind-boggling earnings of Western oil giants, which are projected to have been ~$200 billion collectively last year, have also made them a political target for the Biden adminstration, which has blamed them for high gas prices.
S: MB