Sunday, June 12, 2022

Biden:Oil Firms Make "More Money Than God;" Exxon Engages in Stock Buybacks, Not Drilling

 U.S. President Joe Biden took a swipe at oil giant Exxon on June 10, accusing the company of making "more money than God" while Americans suffer at the pumps, the RT website reports today (June 12, 2022).


However, Exxon says it is scaling up production, while conservatives blame the high gas prices on Biden's own policies.


Also, Biden singled out Exxon for engaging in stock buybacks rather than expanding its drilling activity.

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