'Exxon made more money than God this year':
Biden threatens oil companies over record
gas prices, tells them to pay their taxes
and continues to blame 'Putin's price
hike' for 41-year high inflation
Daily Mail (UK),
by
Nikki Schwab
Original Article
Posted By: Ribicon,
6/10/2022 8:38:50 PM
President Joe Biden said Exxon made 'more money than God last year' as he attacked oil companies for not 'drilling' or paying taxes while gas prices are breaking records in a speech Thursday where he continued to blame 'Putin's price hike' on 41-year high inflation.(Snip)'Today's inflation report confirms what Americans already know—Putin's price hike is hitting America hard,' he said and conceded that prices need to come down further. The president blamed price gouging and Putin's 'tax on gas and food' for the spike and insisted it was still his administration's top priority to tackle inflation. He also attacked Republican Senator Rick Scott for his economic plan
Profits are obscene, unless they are yours….
20 people like this.
Reply 2 - Posted by:
Nashman 6/10/2022 8:53:08 PM (No. 1182347)
Unless you want to put my reprobate drug addicted whore-monger son on your board and I get my 10%… then…
Nevermind.
39 people like this.
Reply 3 - Posted by:
Jerseyden 6/10/2022 9:05:52 PM (No. 1182357)
Best I can tell they earned their money and
Pay the taxes owed. That’s more than you can say for you and your family.
58 people like this.
Reply 4 - Posted by:
smak90 6/10/2022 9:13:49 PM (No. 1182361)
I wonder why 'price gouging' only occurs with dem pResidents. Just a coincidence I guess.
30 people like this.
Reply 5 - Posted by:
Quigley 6/10/2022 9:14:38 PM (No. 1182362)
They might need to take a lot of that money and invest in new oil development.
Of course, you’re going to “transition” us to power that doesn’t work at night or on cloudy days or when the wind doesn’t blow. And which would require 100s of 1000s of square miles of land to be decimated for solar panel arrays and wind farms.
16 people like this.
Reply 6 - Posted by:
NHChemist 6/10/2022 9:18:44 PM (No. 1182367)
Where was our government when oil was cheap and drillers were going bankrupt? The oil business is feast or famine as prices cycle from "Great for users" to "I can't afford to fill my tank." Free markets entail risks for both the producers and the users. Government interference just exacerbates the problem.
28 people like this.
Reply 7 - Posted by:
paral04 6/10/2022 9:21:39 PM (No. 1182369)
Oh and Pfizer, Moderna and J&J went broke!
25 people like this.
Reply 8 - Posted by:
Phantomll 6/10/2022 9:23:12 PM (No. 1182370)
Putin's price hike? It's all on you Creepy Joe!
25 people like this.
Reply 9 - Posted by:
Namma 6/10/2022 9:24:55 PM (No. 1182372)
On January 6,2020. Gas prices were around $2.10 a gallon.
Why Biden Kees blaming Putin is beyond me. Putin did not shut down the keystone pipeline. He also did not shut down our drilling. He never stopped giving out leases to drill in Alaska either. But Biden did!
26 people like this.
Reply 10 - Posted by:
chance_232 6/10/2022 9:26:45 PM (No. 1182374)
I seem to recall them saying the exact same thing when gas sky rocketed under the bamster.
For the record......If you think oil is expensive now, just wait until we have transitioned off of fossil fuels for energy. Your lubricating oil will cost a boatload.
Of course we will then have to convert food into oil to make it up.
13 people like this.
Reply 11 - Posted by:
formerNYer 6/10/2022 9:35:58 PM (No. 1182378)
What a fool and a tool, yeah joe anything you say moron.
11 people like this.
Reply 12 - Posted by:
JrSample 6/10/2022 9:54:08 PM (No. 1182384)
He's mad because they would hire his idiot crackhead son at $75K per month to do nothing.
8 people like this.
Reply 13 - Posted by:
DVC 6/10/2022 9:54:54 PM (No. 1182385)
As usual, Joe's a lying sack of donkey manure.
14 people like this.
They do pay their taxes. You are just mad because they aren't giving it all to DC. You are willfully and deliberately shinking supplies. When supplies become nonexistent, of course they are going to cost more. You are a buffoon JoeBama, right along with all your minions and your string puller named Obama.
15 people like this.
Reply 15 - Posted by:
Nimby 6/10/2022 10:09:40 PM (No. 1182401)
Says the bat guana crazy clown who does not understand economics having hung on tax payers’ teats his entire adult life
12 people like this.
Reply 16 - Posted by:
Mushroom 6/10/2022 10:14:47 PM (No. 1182408)
#6 is dead on. Ove the years we have watched the ebb and flow of oil company's profits. With great risk comes great reward.
Having said that, notice what the REAL risk is? Well they may drill a dry holes, although fracking sure seemed to help that process, but the real issue is guessing what the government is going to change next. Are they going to forbid drilling on the lease you just paid for? How about raising specific taxes just for your industry that , well, don't fall after the good times are over?
Am I against gouging? Sure. So I think some remote ish stations are doing so Yes, but that hasn't changed.
My state raised fuel taxes and couldn't understand why long haul guys didn't stop here any more. Well duh.
Politicians: Live within OUR means. Then when the lean times come you aren't trying to grab what we plain ol' don't have for you to squander on Ukraine and Central America.
Families in the oil industry, construction, factory, and farmers darn sure know what it is to live on a variable income and PLAN.
You'd think you clowns could think beyond you belly just long enough to realize as we feed you, we could just as well gut you.
Don't forget why you were sent.
11 people like this.
Reply 17 - Posted by:
GoodDeal 6/10/2022 10:44:54 PM (No. 1182412)
No Russia has made more money than Joe & Hunter by selling Russian oil to our US oil companies. Always blaming the blameless. Let's investigate oil companies for profiteering and price gouging ok. Put it on prime-time TV and let Nancy and Chuck do the opening monologues.
3 people like this.
Reply 18 - Posted by:
Scout Finch 6/10/2022 10:56:41 PM (No. 1182421)
So did our Senate and Congress. And our illegitimate preezy.
6 people like this.
The Big Guy and his fellow travelers are positioning themselves to make obscene amounts of money off the alternative energy industry. It's that simple.
9 people like this.
Reply 20 - Posted by:
downnout 6/10/2022 11:05:18 PM (No. 1182424)
Biteme, you ignorant twit, if Exxon made a ton of money chances are good they’ll have to pay taxes which should thrill you no end. FJB.
7 people like this.
Reply 21 - Posted by:
Grateful 6/10/2022 11:15:44 PM (No. 1182429)
What the hell does old poopy-pants mean when he says "prices need to come down further"? Nothing has come down in price since he stole the election? We need a hero to step forward and lead the country. FJB is not now and has never been a leader. He is nothing but a blustering, bloviating blowhard.
13 people like this.
Reply 22 - Posted by:
proactus 6/10/2022 11:24:45 PM (No. 1182434)
With his 10% for the ‘Big Guy’, who does he think he is? God?
6 people like this.
Reply 23 - Posted by:
Rumblehog 6/10/2022 11:30:45 PM (No. 1182436)
Keep barking at the Moon, crazy old man, and Exxon will simply move its headquarters to Dubai.
7 people like this.
Reply 24 - Posted by:
ussjimmycarter 6/10/2022 11:32:53 PM (No. 1182437)
Hey all you rubes! We need to move you all to “The Collective Bidenville” where you will live in “free” gobment housing! We will then tear down all your carbon homes and we will build windmills!!! Comrades! We will then become part of the EU and we will transfer power to Brussels!
3 people like this.
Reply 25 - Posted by:
Birddog 6/10/2022 11:35:49 PM (No. 1182442)
Riddle me this:
If earning $23Billion is "Making more money than God".
What then is the similar term for the $40 Billion they paid in Taxes? Govt raked in 174% more than Exxon.
Exxon employs a million people and actually PROVIDES something to society, Govt just takes, and gets in the way.
Already State/Federal Fuel taxes are more per gallon than the Oil Company makes on each gallon, and that is just the Tax at the Pump..
10 people like this.
Reply 26 - Posted by:
Kennerboy 6/10/2022 11:55:11 PM (No. 1182448)
It’s funny how oil companies only make obscene profits when there’s a dem in the White House
6 people like this.
Reply 27 - Posted by:
MissMann 6/11/2022 12:29:12 AM (No. 1182460)
You know who makes more than the oil companies? The Feds and States, via gasoline taxes.
9 people like this.
Reply 28 - Posted by:
WV.Hillbilly 6/11/2022 1:10:50 AM (No. 1182473)
Profits rise when prices of the product rises.
What doesn't increase is the profit margin.
Economics is hard.
3 people like this.
Reply 29 - Posted by:
DVC 6/11/2022 1:27:17 AM (No. 1182484)
And they'll need it to cover expenses for drilling new wells, and putting new production in place after these Demonrats are out of power, and we go back to a normal petro-based economy that WORKS
7 people like this.
Reply 30 - Posted by:
kono 6/11/2022 1:35:12 AM (No. 1182487)
Says the Son of Destruction, as he repeats the lie and tries to deflect the blame.
4 people like this.
Reply 31 - Posted by:
JackBurton 6/11/2022 2:45:48 AM (No. 1182499)
Well, gee. So did the Russians. So did the Iranians. So did all the enemy energy producers.
Maybe it isn't the oil companies' doing.
2 people like this.
Reply 32 - Posted by:
judy 6/11/2022 5:31:28 AM (No. 1182524)
When Biden blames Putin he's saying Putin is more powerful...fix it Biden!!! Attacking oil companies for not drilling after shutting the pipe lines down & allowing Putin to have pipelines?? This reminds me of The Carter & Obama years...gas shortages, high gas prices, begging Sadia to drill drill drill, long lines for gas,
5 people like this.
Reply 33 - Posted by:
mifla 6/11/2022 6:06:58 AM (No. 1182527)
Pretty sure that God is not on the payroll. You, your son, and your brother is another story.
6 people like this.
Reply 34 - Posted by:
F15 Gork 6/11/2022 7:12:20 AM (No. 1182569)
Can’t wait for the first night time blackout in LA and elsewhere. The number of rapes and murders will necessarily Sky rocket.. the only illumination will be that from looted and burning buildings.
4 people like this.
Reply 35 - Posted by:
hershey 6/11/2022 7:17:07 AM (No. 1182573)
Will someone please explain to this dimwit how supply and demand works??? He obviously, nor do his handlers, know how it works....or maybe they do and just want to drive us into a recession...."Oooooh, look, capitalism doesn't work so lets try socialism, the gummint can fix anything"...barf...you could put the gummint in charge of the desert and in two years there would be a shortage of sand....
5 people like this.
Reply 36 - Posted by:
rikkitikki 6/11/2022 8:01:16 AM (No. 1182616)
And oil companies need every penny of any alleged windfalls to recoup their horrendous losses when oil dropped to $10/bbl in 1Q-2020.
1 person likes this.
Reply 37 - Posted by:
SkeezerMcGee 6/11/2022 9:00:18 AM (No. 1182694)
Exxon need its net profits. It plans to invest $15 billion in lower-emission solutions to both reduce its Scope 1 and 2 greenhouse gas emissions and support customers in decarbonizing, with a focus on carbon capture and storage, hydrogen and biofuels.
2 people like this.
Reply 38 - Posted by:
udanja99 6/11/2022 9:21:24 AM (No. 1182728)
Supply and demand. Even brain dead TaliBiden should be able to understand that.
1 person likes this.
Reply 39 - Posted by:
nwcudagal 6/11/2022 9:55:17 AM (No. 1182774)
And he blames Putin for the gas prices. It's "Russia, Russia, Russia" all over again. Poopy pants and poop for brains.
1 person likes this.
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Whatever you say, Poopy.