Americans Have Paid $148B Extra on Gas Amid Iran War. Big Oil Has Made $130B in Profits.
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“All the excess cash we’re accumulating will ultimately be directed toward our owners,” one oil executive bragged.

As Americans have been forced to shell out an extra $148 billion on gas and diesel in eight months of war on Iran, Big Oil has reaped record profits — with U.S. companies having made over $130 billion in profits, a new analysis finds. According to The New York Times, these profits were spread across 50 large U.S. oil and gas companies. Many of these companies, like Valero Energy…

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