What Biden Is Getting Wrong About Big Oil’s Profits ...Middle East

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What Biden Is Getting Wrong About Big Oil’s Profits
source : OILPRICE ( Middle East ) () 22
Last Friday President Biden singled out ExxonMobil for reaping big profits as a result of high oil and gas prices. The President complained “Why don’t you tell them what Exxon’s profits were this year? This quarter? Exxon made more money than God this year. Exxon, start investing. Start paying your taxes.” Other prominent Democrats have also smeared oil companies in an attempt to deflect anger over high gas prices. Earlier this year Bernie Sanders blamed inflation on high oil company profits, which reflected a complete failure…

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