Greedy Exxon Exec Says The Quiet Part Out Loud
October 10, 2022
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10:58Now PlayingGreedy Exxon Exec Says The Quiet Part Out Loud
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as posted by the channelGreedy Exxon CEO Darren Woods cried to the Biden Administration and said Gulf Coast exports would rebalance markets when he's really trying to maximize profits. Ana Kasparian and Cenk Uygur discuss on The Young Turks. Watch TYT LIVE on weekdays 68 pm ET.
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"Energy giant Exxon Mobil Corp. is protesting one of the Biden administration’s moves to drive down gas prices: reducing the amount of U.S. fuel that’s shipped to customers overseas.
In a letter this week to the Energy Department, Exxon pushed back against the idea that it should be limiting fuel exports abroad to help lower gas prices in the U.S., where oil and petroleum stocks are at their lowest levels in years. Instead, Exxon CEO Darren Woods argued that the administration should embrace free market policies to help ease oil shortages in America."
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