ExxonMobil posts record profit as oil prices surge

ExxonMobil posts record profit as oil prices surge

“The newest earnings experiences clarify that oil firms have all the pieces they want, together with record earnings and 1000’s of unused however accredited permits, to extend manufacturing, however they’re as an alternative selecting to plough these earnings into padding the pockets of executives and shareholders,” the White House mentioned in a press release to Reuters on Tuesday.