$2,245.62 Per Second: Exxon Scores Enormous Profit As World Suffers
View Source | July 29, 2022 12:09 pm
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- ExxonMobil and Chevron both reported record massive profits thanks to record gasoline prices during the quarter.
Exxon’s profit came to $17.6 billion in the second quarter, nearly double what it made in its very profitable first quarter.
Second-quarter profit was up 273% from the same period a year ago.
Chevron earned $11.4 billion excluding special items, up 74% from the first quarter and 247% from a year ago.
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