More Perfect Union
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Here's Why Gas Prices Are So High
Posted
March 21, 2022
Views
21,006
Likes
783
Comments
288
Engagement
5.10%
March 21, 2022
21,006
783
288
5.10%
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7:57Now PlayingWhat’s really behind rising gas prices? We dug into U.S. oil companies' financial reports to investigate the REAL reason prices have spiked. The culprit? It's not Joe Biden — it's corporate greed.
Oil execs, who have been Putin’s close partners for years, are cashing in on Russia’s war. Since Russia began preparing to invade Ukraine, 5 major oil CEOs have made $99 million from selling their shares. This year, Big Oil is set to send $88 BILLION back to shareholders via buybacks & dividends—nearly double the buybacks completed in 2014.
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