They’re making record profits, but oil companies still won’t ‘drill, baby, drill’

Grist
By Austin CoronaAug 11, 2026, 4:45 am60 ptsTrending
Over the last two weeks, oil companies have announced eye-popping profits from the spring quarter. Exxon Mobil pulled in $14.5 billion. Chevron landed $12 billion, its highest quarterly profit on record. Shell posted $9.8 billion — more than twice its earnings from the same time last year. These profits are…

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