Gas Prices

>cnbc.com/2022/07/29/exxon-xom-and-chevron-cvx-earnings-q2-2022.html

WTF is this shit, they are making 400% more compared to last year. Was Biden right, are they taking advantage of us? How to we take back some of that profit.

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>he didn't invest

It’s this low IQ post again.

Don't forget Shell. Do your part to accelerate, humanity is too god damn stupid.

Attached: Screenshot 2022-07-29 at 07-54-26 Shell smashes record again with $11.5 bln profit.png (1480x714, 140.44K)

Oil prices are directly related to Mr. Biden's war in Ukraine. He started it 8 years ago when he backed an actual literal insurrection there. Just as Obama was the gun industry's #1 gun salesman, Biden is pumping that oil all by himself.

So if Russia loses gas prices should come down?

these are public companies.
you can buy shares if you want, and profit. 'The people' literally own these companies.
Extracting and refining oil is very expensive. These companies spend trillions of dollars on oil and gas extraction and refining. considering its scarcity and usefulness, fossil fuels are actually selling at bargain basement prices right now.

If you want oil companies to find more oil, then the price must rise. If you want the world to use less oil, then the price must rise. High prices cure high prices.

>Don't forget Shell
shell and bp are dumpster fires.

>11.5b profit
"dumpster fire"

>petrodollar
>Opec countries determine prices
it's a cluster fuck

>IT'S XIDENS FAULT
>IT'S BIDENS FAULT
>IT'S BIDENS FAULT
>record profits
>IT'S BIDENS FAULT
Those dumbfucks are going to be the end of us.

shill whore Judas traitor to mankind

retard
guess what happens when a pipeline is shut down? Tax write off
Refinery shut down? tax write off
Rigs shut down? write off
Not allowed permit on land you prospected on?
Tax write off

fucking retard.

No, meme flag. They're making more because people are paying more at the pump thanks to Senile Biden. It's basic economics.

they cut their dividend.
xom didn't
they built a giant flng barge and it is already falling apart.

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Supply and demand. You want it so bad, then pay for it bitch. No one is forcing you to buy gas.

>shill whore Judas traitor to mankind
i don't understand
explain
are you a communist?
if you wanna live like a monkey, go live in the jungle. the food is free. The fruit grows on the trees. just pluck and eat.

The main problem is lack of russian light sweet crude to west coast refineries and Biden shutting down 11 refineries. Probably 50 billion dollars in tax write offs from refineries being shuttered.

Pic related is Chevron's EPS over the last couple years. Doesn't look outrageous to me. Why don't people like you come to defend them when they incur losses? You only want to disparage them when they make profits?

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What the fuck does a "tax write off" have to do with big oil using high gas prices to control braindead MAGA NPCs?

do you want oil or not?