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Re: The energy crisis
Risk...
<snigger>
https://www.theguardian.com/environm...-last-50-years
Quote:
The oil and gas industry has delivered $2.8bn (£2.3bn) a day in pure profit for the last 50 years, a new analysis has revealed.
The vast total captured by petrostates and fossil fuel companies since 1970 is $52tn
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https://inews.co.uk/news/consumer/en...lained-1774927
Quote:
Companies such as BP and Shell do not simply produce and sell oil, they employ thousands of traders who buy and sell oil produced by other firms and make profit on fluctuations in its market price. The more volatile the market – as has been the case throughout 2022 – the higher the potential earnings.
BP made an estimated $1.3bn (£1.1bn) gas trading profits in the first three months of this year alone. When combined with a further $1.1bn (£900m) in liquids trading that accounted for around a third of its overall profits.
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__________________
There is always light.
If only we’re brave enough to see it.
If only we’re brave enough to be it.
If my post is in bold and this colour, it's a Moderator Request.
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