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Biden Accuses Oil Companies of ‘War Profiteering’ and Threatens Windfall Tax

Por: The New York Times Business November 01, 2022

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WASHINGTON — President Biden threatened on Monday to seek a new windfall profits tax on major oil and gas companies unless they ramp up production to curb the price of gasoline at the pump, an escalation of his battle with the energy industry just a week before the midterm elections.The president lashed out against the giant firms as several of them , which he called an “outrageous” bonanza stemming from Russia’s war on Ukraine. He... + full article



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