White House outraged by Exxon's record profits
Yahoo! Finance
The White House on Tuesday expressed outrage at record profits recorded by Exxon after the company reported net profit in 2022 of $56 billion. A White House statement said the profit margin was particularly galling as Americans paid high prices at the pump and dismissed attempts by Republicans in the House of Representatives to push policies aimed at supporting the oil industry. "The latest earnings reports make clear that oil companies have everything they need, including record profits and t...
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