Joe Biden? Inflation? The WOKE MOB?! Wait, why is gas so expensive again?
Well it’s certainly in part due to the unprecedented profit at oil and gas companies like Chevron.
“Chevron announced Friday that it brought in a record-shattering $35.5 billion in profits in 2022, a sum that campaigners said highlights just how much the company benefited from global energy market chaos spurred by Russia’s war on Ukraine.”
“Chevron, which reported $6.4 billion in profits for the fourth quarter of 2022, also raised its quarterly dividend by around 6%.
‘That Chevron feels free to spend $75 billion of its windfall profits on stock buybacks signals its belief that it is immune from accountability,‘ Robert Weissman, president of the consumer advocacy group Public Citizen, said in a statement Friday. ‘It has price gouged consumers in plain sight and it’s going to get away with it.'”
-The Definition of War Profiteering’: Chevron Posts Record $35.5 Billion in Profit for 2022, By Jake Johnson, Common Dreams, https://www.commondreams.org/news/chevron-war-profiteering
