It's the most wonderful time of the year!
Profits season starts this morning, with Shell reporting full year 2024 results followed by Chevron and Exxon.
The three have so far made $60.5 bn profit through Q3.
During a climate crisis. During a cost of greed crisis. https://www.nrdc.org/bio/zanagee-artis/big-oil-made-billions-amidst-hottest-year-record
Profits season starts this morning, with Shell reporting full year 2024 results followed by Chevron and Exxon.
The three have so far made $60.5 bn profit through Q3.
During a climate crisis. During a cost of greed crisis. https://www.nrdc.org/bio/zanagee-artis/big-oil-made-billions-amidst-hottest-year-record
Comments
Can you see what is happening?
The majors are using residually high energy prices to pay off the staggering debts they incur on new fossil fuel projects.
We are helping them refill the coffers while shareholders cream off the top