“Corporate greed drives artificially high prices at the pump.” Over the past four months, Big Oil has rushed to raise gasoline prices—sometimes charging far more at the pump than the increased cost of oil would warrant—and dawdled to lower them when crude’s valuation declined, according to a new analysis released Monday by the progressive watchdog group Accountable.US. [pullquote]”The […]
“It’s time for the president to demand that Congress pass a windfall profits tax on Big Oil and use the revenue to provide rebates to consumers NOW!” wrote Sen. Bernie Sanders. ExxonMobil indicated in a securities filing submitted just ahead of the holiday weekend that its profits doubled in the second quarter of 2022 compared to the first […]
“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 […]
HEADQUARTERS, U.S. ARMY ALASKA, JOINT BASE ELMENDORF RICHARDSON, Alaska – A Fort Wainwright Soldier was killed in a single-vehicle accident on Chena Pump Road in Fairbanks Saturday, Sept. 5. Chief Warrant Officer 3 Casey A. Popenoe, 39, was a targeting officer with the 2nd Battalion, 8th Field Artillery Regiment, 1st Stryker Brigade Combat Team, […]