This is absolutely appalling, and something needs to happen...
@exxonmobil posted a $14.5 Billion profit for the 2nd quarter, doubling from the 2nd quarter last year.
@Chevron posted $12.1 Billion, its highest ever quarterly.
@Shell posted $9.8 Billion, which also more than doubled from 2nd quarter last year....
So, where's the explanation. Don't tell me the war. Don't tell me its how economics work, don't tell me Trump.
If its the war, why isn't there a cap on profit % these companies are allowed to make? Massive profits while we are all being squeezed is fckd up.
This is 100% price gouging by these filthy rich corporations, that will get away with it, since most politicians are in their back pockets.
@Energy_ZA isn't doing a damn thing either, and thats who needs to. Call these corporations out!
The Strait is open, under control of American forces, our reserves are being replenished and beefed up due to the Venezuelan deal, yet the cost of oil just keeps rising...
Back over $100/barrel, and for what? There really isnt much of a threat. If Iran attacks a ship with a baby bomb, they lose half a city...
Get this sht under control!
@realDonaldTrump 🙏