Por: Portland Press Herald World February 07, 2023
LONDON — British energy firm BP reported record annual earnings Tuesday, fueling demands that the U.K. government boost taxes for companies benefiting from the high price of oil and natural gas after Russia’s invasion of Ukraine. London-based BP said underlying replacement cost profit, which excludes one-time items and fluctuations in the value of inventories, jumped to $27.7 billion in 2022 from $12.8 billion a year earlier. That beat the... + full article
Forbes USA Business February 07, 2023
Topline British energy giant BP on Tuesday its highest-ever annual profits, the latest in a series of bumper earnings reports from oil and gas companies reaping the rewards of soaring energy prices after Russia’s invasion of Ukraine. BP posted record profits in 2022. Getty... + más
Tax Increases Won’t Lower Gas Prices At The Pump | Forbes
Biden should not repeat Jimmy Carter’s windfall profits tax mistake | The Hill
The Hill USA Politics February 01, 2023
ExxonMobil announced record profits for the year 2022, reporting it made $55.7 billion over the past year and drawing ire from the left. CEO Darren Woods said on Tuesday that the annual profits were a record for the company during an earnings call. He said that the company... + más
Exxon Mobil eyes potential mega-deal with shale driller Pioneer | Fox Business
A Fresh Reading Of Exxon’s Predictions Of Global Warming And Climate Change From 40 Years Ago. | Forbes
The New York Times USA Business November 18, 2022
have raked in profits at unheard-of levels. Households around the world are reeling from soaring energy prices, while governments are struggling with outsize spending and .On Thursday, the tried to close the gap in those inequities by additional taxes to capture energy... + más
If Europe and the U.S. want to win the war in Ukraine, they must enlist their economies in the fight | MarketWatch
The Hill USA Business November 18, 2022
to denounce the “outrageous profits” of the major oil companies and declare that he would push Congress to enact a tax on their excess profits. But “excess profits” are in the eye of the beholder, and oil companies have always been the target of political scrutiny any... + más
Will Taxing the Windfall Profits of Oil Giants Fix Countries’ Economies? | The New York Times
BP's profit more than doubles as calls for windfall taxes grow louder | CNN
RTTNews USA Politics November 01, 2022
President Joe Biden has lashed out at American oil companies that are making windfall profits without lowering prices for consumers at the pump.He called on the companies to increase production and refining capacity, failing which, they're going to pay a higher tax on their... + más
AP source: Biden to float windfall tax on energy producers | WPLG Local 10
Biden bashes oil sector for ‘war profiteering,’ warns of windfall tax on profits | Politico
WPLG Local 10 USA Politics October 31, 2022
WASHINGTON – President Joe Biden on Monday will raise the possibility of imposing a ‘windfall tax’ on energy companies if they don't boost domestic production, as his administration aims to combat high gas prices just days before the .The White House said Biden will... + más
How windfall tax on energy producers could backfire on Biden | Newsweek
Los Angeles Times USA Politics October 26, 2022
Gov. Gavin Newsom on Tuesday took aim at Valero Energy Corp.'s record profits this year as gasoline prices soared, escalating his battle with the powerful oil industry. In a statement, Newsom renewed his call for a price-gouging penalty to put these profits back in the... + más
California accuses oil industry of price gouging, Valero hits back | Fox Business
Tyson Foods flees Chicago, inflation reports, 3Q earnings and more: Monday's 5 things to know | Fox Business
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