10 Biggest Oil Companies, by Nathan Reiff

Rising public concern about climate change and measures to reduce the use of carbon-based fuels have yet to fully impact the industry. Two of these oil and gas giants—Exxon and Shell—also fall into the category of being some of the most profitable companies in the world.

Seymour Hersh: How America Took Out The Nord Stream Pipeline

America’s political fears were real: Putin would now have an additional and much-needed major source of income, and Germany and the rest of Western Europe would become addicted to low-cost natural gas supplied by Russia—while diminishing European reliance on America. In fact, that’s exactly what happened.

Sanders Announces Budget Committee Hearing on Corporate Greed and Profiteering

The hearing comes as high prices are squeezing working-class Americans, while corporate profits rise. As inflation rose by 7 percent in 2021, corporate profits increased by 25 percent to reach nearly $3 trillion – a record high. CEOs and shareholders are benefiting heavily from these profits; last year, S&P 500 firms spent more than $900 billion.

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