At least 180 BILLION in 9 months BEFORE they ran the price up to 125 a barrel. Imagine what they have made up to this month since last sept. And the oil industry is lying about it's production numbers too. Pretty sure they were actually up or over 13 million a day, but since 2020 have cut production to 10 million and intend to not bring it back until 2023 and even that will be lower. The stated 12 million is not a record. They are the ones sitting on it til 2023. Then oil will find another excuse to keep production down. Add to the fact that opec and partners agreed to cut their production too and keep it down til 2023 as well and you have a major monopoly obscenely profiting daily. The money opec and US owners and exec's are rolling in the average millionaire can't comprehend. It is beyond our reality.
These same Republican leaders fail to acknowledge how the industry is profiting from the rapid economic turnaround. Exxon and BP both credited .. https://www.theguardian.com/business/2021/dec/06/oil-companies-profits-exxon-chevron-shell-exclusive .. rising fuel costs with helping pad their bottom lines — and the top two dozen oil giants raked in $174 billion in profits for the first nine months of 2021. Oil companies will reap even more if crude prices soar over $100 per barrel, as many observers expect
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