'Make no mistake; these profits mark a large transfer of wealth from working- and middle-class people to wealthy oil executives and shareholders,' said accountable_us's Jordan Schreiber.
out Friday highlighted how eight oil companies have raked in nearly $52 billion over the past three months"while Americans continue to struggle at the pump."
"Make no mistake; these profits mark a large transfer of wealth from working- and middle-class people to wealthy oil executives and shareholders," she said."While many consumers were feeling the heavy burden of a life necessity suddenly doubling in price, oil executives were keeping prices high to maximize their profits."
"Exxon and other oil and gas corporations lobbied and lied for decades to keep the world addicted to fossil fuels, making billions while hardworking families pay for higher gas prices and costlier heatwaves, wildfires, droughts, and floods," he continued."Now Exxon is once again using its record profits to line the pockets of executives and shareholders."
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