Big Oil rakes in billions as prices soar. Lawmakers want them to pay us back

ExxonMobil (XOM) made a $23 billion profit in 2021, its largest in seven years. And as oil prices rise, it’s expected to make nearly $33 billion this year. BP (BP), meanwhile, earned $12.8 billion in 2021 and is forecast to earn $15.6 billion in 2022. Both the United States and United Kingdom have imposed windfall … Read more