How much profit should oil companies make?

Point is ….our AMERICAN big oil companies are just LOVING high oil prices because they’re making a fortune off us !!!!

And point is …..our AMERICA big oil companies support Republicans …..so this is a can’t loose for them / they get rich on us and most blame goes elsewhere !!!

Ever notice how gas prices shoot up fast…..but slow to reduce ?
Big Oil loves high prices !!!

So the AMERICAN big oil families and stock holders are running getting richer and richer able to say “ isn’t this great - we’re making a fortune while many blame Dems “

Hhahaha the jokes on us all the way to the bank !!

Remember when sleepy was running for president and said he would stop all fossil fuels?

He actually said investing in new energy would create new jobs .

Big oils making big money on you Osteps - and they’re republicans .
How’s that for hypocrisy and the jokes on you .

February , 2022

Yes indeed EXXON getting rich on charging us at the pump - and EXXON supports Republicans :

“….Oil and gas production, Exxon's largest business, posted a $6.1 billion operating profit, the highest in two years. Earnings benefited from an 80% increase in oil prices and doubling of natural gas prices compared to 2020.”

How much money did Exxon lose in 2020?

During the pandemic and related economic slow down Exxon lost money.
What’s your point ?

My point is obvious - the hypocrisy of big oil and republicans LOVING high oil prices

It makes sense that fossil fuel organizations would favor Republicans, since democrats have pronounced their goal of putting them all out of business.

Regarding hypocrisy, oil company executives have a legal, fiduciary responsibility to their shareholders (many of them pension funds that regular people depend on for their incomes) to produce profits. I find it annoying that prices at the pump always seem to come down more slowly than they should, but as Pipe pointed out, they lost a bunch of money very recently. Not seeing the hypocrisy here.

On the other hand, look no farther than Biden. Swearing to shut down fossil fuels, starting his first day in office - no more drilling on federal land, etc. and now threatening to fine companies for not extracting the maximum, drilling on their leases, etc.

Republicans loving high oil prices? They must have said that on CNN - no one with a scintilla of critical thinking could honestly make that claim.

Big oil supports republicans - big oil is now making a fortune on high oil prices.
FACTS