Por: Forbes Business November 04, 2022
Oil wells in North Dakota.Gamma-Rapho via Getty Images Third quarter (Q3) profits have been released and, for oil and gas companies, the numbers are stunning. In Q2, bp made $8.45 billion dollars and only a little less in Q3: $8.2 billion. If these are extrapolated to an annual basis the number would be $33.4 billion per year. The five super-majors are Exxon Mobil, Shell, Chevron, TotalEnergies, and bp. Their annualized profits (based on Q2 and... + full article
WGN-TV USA Nation November 01, 2022
, Posted: Nov 1, 2022 / 02:18 PM CDT Updated: Nov 1, 2022 / 02:26 PM CDT SHARE The Biden administration is seizing on huge earnings calls from oil companies as it seeks to give voters a response to relatively high gasoline prices ahead of next week’s midterms. President... + más
Oil Companies Will Have To Pay Higher Tax On Excess Profits, Biden Warns | RTTNews
Biden threatens higher taxes on oil companies if they do not work to lower gas prices | CNBC
Politico USA Politics November 01, 2022
President Joe Biden accused oil companies of “war profiteering” Monday after they posted record profits — and urged Congress to impose a windfall tax on the industry if it fails to lower consumers’ costs. Biden’s comments were his sharpest yet against the industry that... + más
Biden paints oil firms as war profiteers, talks windfall tax | Portland Press Herald
Biden Paints Oil Firms as War Profiteers, Talks Windfall Tax | NBC 6 South Florida
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
If Europe and the U.S. want to win the war in Ukraine, they must enlist their economies in the fight | MarketWatch
CNBC USA Politics October 31, 2022
U.S. President Joe Biden makes a statement about gasoline prices and oil company profits in the Roosevelt Room at the White House in Washington, October 31, 2022.Leah Millis ReutersPresident threatened Monday to pursue higher taxes on oil company profits if industry giants do... + más
What is the strategic oil reserve, and can it lower gas prices? | Portland Press Herald
The historic streak of falling US gas prices is over | CNN
Los Angeles Times USA Business October 29, 2022
Oil companies brought in staggering profits once again as people worldwide struggled with high gasoline and energy prices. Exxon Mobil broke records with its profits in the third quarter, raking in $19.66 billion in net income. The Irving, Texas, company said Friday that it... + más
Chevron sells global headquarters, pares back in California amid Texas expansion | Fox Business
Chevron Halts Output at Two Offshore Facilities Ahead of Hurricane Ian | MarketWatch
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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