2 charts show Big Oil profits skyrocketing as prices at the pump rise - Business Insider
5/17/2022 12:00:00 AM2 years 11 months ago
by Ben Winck, Madison Hoff
by Ben Winck, Madison Hoff
Oil companies are raking in the largest quarterly profits in a decade, raising concerns that the sector is using high gas prices to gouge customers.
Supply-chain snags. Overwhelming demand. Insufficient crude oil production. Refinery backlogs. A handful of factors have been blamed for soaring gas prices, which have headlined the suffocating infl… [+5208 chars]
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