CEOs at major oil companies come under fire for high gas prices
Former Labor Secretary Robert Reich and Resources for the Future Fellow Daniel Raimi join Newsroom to discuss CEOs at major oil companies coming under fire for the rising gas prices and how a solution could be found to benefit consumers. #CNN #News
Air pollution kills people everyday. It will cause the collapse of life on earth. Oil companies have always known this. There is a very high cost of polluting the air we breath. Time to crack down one these greedy companies.
I watched it. Total election year dog and pony show. They invited a bunch of oil executives, did not let them answer any questions, then went on to critise them for not producing more oil, and for producing any oil at all. all at the same time.
this prices they show is not the real prices here in the bronx in nyc is 4.99 a gallon and some parts exeded that prices still high 4.99 for 10 gallons = 49.99 dollar thats is thereal prices now l used to pay 34.99 for the same 10 gallons
Love how Biden smoothly shifts the blame. First thing he does is shutdown the keystone pipeline. Workers get laid off and prices rise. Naturally fake news fails to point this out.
apart from just plain greed theres also a punitive element to this too…big harma is facing competition from MJ…& big oil sells big harma the petrochemical raw materials…higher energy costs force more ppl to look for 2nd or 3rd jobs to keep up…this generates worker precarity, which in turn generates complicity…not only MJ but 3 starbucks out of 1000s unionizing has also created a huge to create worker precarity…
Lol. No they don’t. This is international demand. And stupid people trying to find a scapegoat. The dems inhibit production cause prices to rise then grip about profit. So ridiculous
Exxon Mobil reported annual profits of $23 billion last year—the company's largest total since 2014. Large corporations are using the excuse of "inflation" to raise prices on everything and make record profits.
Disclaimer: I own shares of XOM. Thank you for buying our gasoline at any price we set. FJB. Let's Go Brandon!
During Covid the oil companies profits suffered. So yes they are price gauging to try and make up the lost profits of years past. Got to milk that cash cow for all its worth.
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Ok how much is your bonus this year Mr. CEO hmmm will never know that will we🙄
i dont blame putin so much as i blame the oil companies
The Brandon Price Hike
Air pollution kills people everyday. It will cause the collapse of life on earth. Oil companies have always known this. There is a very high cost of polluting the air we breath. Time to crack down one these greedy companies.
I watched it. Total election year dog and pony show. They invited a bunch of oil executives, did not let them answer any questions, then went on to critise them for not producing more oil, and for producing any oil at all. all at the same time.
In economics we call this the bullwhip effect. Oil got crushed during COVID
this prices they show is not the real prices here in the bronx in nyc is 4.99 a gallon and some parts exeded that prices still high 4.99 for 10 gallons = 49.99 dollar thats is thereal prices now l used to pay 34.99 for the same 10 gallons
LOL…Look for record profits coming your way soon.
Love how Biden smoothly shifts the blame.
First thing he does is shutdown the keystone pipeline. Workers get laid off and prices rise.
Naturally fake news fails to point this out.
apart from just plain greed theres also a punitive element to this too…big harma is facing competition from MJ…& big oil sells big harma the petrochemical raw materials…higher energy costs force more ppl to look for 2nd or 3rd jobs to keep up…this generates worker precarity, which in turn generates complicity…not only MJ but 3 starbucks out of 1000s unionizing has also created a huge to create worker precarity…
Omg STOP! with the green new deal seriously people can afford $60,000 EV ass clown 🤡
People who possess oil or Deal with it seem all evil characters. It seems dealing with oil makes you evil.
Total greed
They need to get the price of diesel fuel down it affects the whole economy.
Lol. No they don’t. This is international demand. And stupid people trying to find a scapegoat. The dems inhibit production cause prices to rise then grip about profit. So ridiculous
Lazy oil workers dont get outta bed for anything less than 60 a barrell.
You mean Biden doesn't have a dial on his desk that adjusts gas prices? Who knew??
Deflection. Gas prices went up 80 cents a gallon right after Biden's sanctions. That was the cause.
Sure, sure, it's Biden's fault… 🙄 This is disgusting. We all know it's the price gouging oil companies.
And it all started after Captain chaos and VP Sellout took office last year.
Exxon Mobil reported annual profits of $23 billion last year—the company's largest total since 2014. Large corporations are using the excuse of "inflation" to raise prices on everything and make record profits.
Disclaimer: I own shares of XOM. Thank you for buying our gasoline at any price we set. FJB. Let's Go Brandon!
They want Trump back ðŸ¤
During Covid the oil companies profits suffered. So yes they are price gauging to try and make up the lost profits of years past. Got to milk that cash cow for all its worth.
Matthew 7:13 "Enter through the narrow gate. For wide is the gate and broad is the road that leads to destruction, and MANY enter through it."