“Instead of providing badly needed relief to consumers, they spent over $32 billion to enrich their wealthy shareholders while forcing American families to foot the bill.” ExxonMobil and Chevron, the largest oil companies in the United States, posted respective third-quarter profits of nearly $20 billion and $11.2 billion on Friday as American consumers continue to face high […]
“Big Oil is intentionally profiteering off the war in Ukraine,” said one campaigner. “We need a Big Oil windfall profits tax.” Chevron and ExxonMobil announced Friday that their profits surged during the first quarter of 2022, prompting fresh calls for a windfall tax as the U.S.-based oil giants continue to exploit Russia’s war on Ukraine to […]
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The Exxon-Valdez oil spill captured worldwide attention with its devastating environmental impacts. Less attention was paid, however, to the social and economic effects the incident had on local communities in the immediate aftermath as well as over the long term. For years following the spill, local residents needed help understanding, managing, and recovering from the event—everything from […]