Biggest Oil Giants Made 'Eye-Popping' $205 Billion in Profits in 2021: Report

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Biggest Oil Giants Made 'Eye-Popping' $205 Billion in Profits in 2021: Report
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Now, fossil fuel giants are trying to 'cash in on inflation and the crisis in Ukraine,' said KyleHerrig of Accountable_US.

Now, fossil fuel giants are trying to"cash in on inflation and the crisis in Ukraine," said one critic.

As the report details, Big Oil has been bragging to investors about its windfall profits on recent earnings calls. Chevron, for instance, called 2021 one of its"most successful years ever." Shell CEO Ben Van Beurden described it as a"momentous year." Meanwhile, Coterra CEO Tom Jordan characterized high gas prices as"good," and Equinor CEO Anders Opedal marveled at how the industry has been"capturing value from high prices.

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