Energy Shock: If Gov Passes These New Regulations, Here’s How Economy Will Be Shaken

“You may have noticed that Big Oil just reported record profits,” he says in his State of the Union address on Tuesday. “Last year, they made $200 billion in the midst of a global energy crisis. It’s outrageous.” “They invested too little of that profit to increase domestic production and keep gas prices down. Instead, they used those record profits to buy back their own stock, rewarding their CEOs and shareholders.”

TOPICS AND TIMESTAMPS:
Oil 0:00
Jobs and Economy 6:35

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