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Oil companies report sky-high profits thanks to wartime crude prices

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Re: Oil companies report sky-high profits thanks to wartime crude prices

#22

Earlier quoted context omitted.

SUV and California gas prices?

suv? crostrek is an suv and all suvs in that class seeem to have even better milage than my old crostrk.

And most SUVs aren’t a crosstrek. There are valid point of comparison that aren’t your car.

Re: Oil companies report sky-high profits thanks to wartime crude prices

#23

Why don't I hear anyone mentioning "Windfall profits tax" Are oil companies immune from legislation under the current administration?

The whole point of this war is to make money on oil.

In the past, yes.

Because this admin has only one person who calls the shots, it was started because he wanted it. Reports indicate that Bibi played on his ego, and recent "success" in Venezuela gave the illusion that "regime change" was easy, as well as an apparent long time hatred for Iran were the drivers here.

It is mind boggling that tens of millions of people continue to say "This is fine."

Re: Oil companies report sky-high profits thanks to wartime crude prices

#24

Earlier quoted context omitted.

suv? crostrek is an suv and all suvs in that class seeem to have even better milage than my old crostrk.

And most SUVs aren’t a crosstrek. There are valid point of comparison that aren’t your car.

[flagged]

Re: Oil companies report sky-high profits thanks to wartime crude prices

#25
post #3

Someone I know bought two electric cars earlier this year and is very, very happy.

Hilariously, Trump will go down as the most significant POTUS in history for the transition away from oil.

Everyone in the world (except our very own kakistocracy) is scrambling to decouple from this energy source.

Re: Oil companies report sky-high profits thanks to wartime crude prices

#26
post #10

Worst administration ever. Worst business leaders ever. I hope something can change.

They're doing great if you're on the beneficiary side: oil companies, defense contractors, the Trump family, Israel, Qatar, Saudi Arabia, etc.

All that is at the expense of the rest of the economy. The sectors that are hit the hardest tend to be, with the exception of those above, the ones who voted (disproportionately) for these people.

... which is what you get with a narcissist. The people hurt the most by a narcissist tend to be those closest or those that support them.

Re: Oil companies report sky-high profits thanks to wartime crude prices

#29

Earlier quoted context omitted.

The whole point of this war is to make money on oil.

would you buy chevron stock now ?

If you buy now, you are buying high. The time to buy was before the war was announced publicly. That's what insider trading is for.

Re: Oil companies report sky-high profits thanks to wartime crude prices

#30
post #23

Earlier quoted context omitted.

The whole point of this war is to make money on oil.

In the past, yes. Because this admin has only one person who calls the shots, it was started because he wanted it. Reports indicate that Bibi played on his ego, and recent "success" in Venezuela gave the illusion that "regime change" was easy, as well as an apparent long time hatred for Iran were the drivers here. It is mind boggling that tens of millions of people continue to say "This is fine."

In Trump's past:

> In 1987, when Donald Trump was first flirting with running for president, he told an audience in New Hampshire that the United States should attack the "horrible, horrible country" of Iran, "and take over some of their oil." In the years since, Trump talked about grabbing control of the natural resources of Venezuela, Iraq, Syria, Kuwait, and Libya, too.

https://www.businessinsider.com/trump-energy-dominance-oil-i...

In his recent past:

> “To be honest with you, my favourite thing is to take the oil in Iran, but some stupid people back in the US say: ‘Why are you doing that?’ But they’re stupid people,” Trump told the British newspaper.

https://www.aljazeera.com/news/2026/3/30/trump-wants-to-inva...

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