Unprecedented profit for major oil drillers as prices soared

oil drillers profit
[url=http://www.istockphoto.com/search/lightbox/18181579] [IMG]http://s1.zrzut.pl/Ag1lkAv.jpg[/IMG] [/url]

NEW YORK (AP) — Oil companies swam in record profits over the last few months at a time when Americans struggled to pay for gasoline, food and other basic necessities.

On Friday, Exxon Mobil booked an unprecedented $17.85 billion profit for the second quarter and Chevron made a record $11.62 billion. The sky-high profits come one day after the U.K.’s Shell shattered its own profit record.

High energy prices have caused political tension

Soaring energy prices have rattled consumers and become a political flash point. Last month, President Joe Biden said that “Exxon made more money than God this year.”

For more local news and national stories, visit KPYN’s website at kpyn.net