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Aug 2, 2022

Record gas prices pump in record profits

BP raked in $8.5 billion in profits in the three months ending in June, and you can add that figure to the mountain of profits from other Western oil and gas companies. The position of substitute teacher has grown in prominence. High-tech companies in the U.S. are investing in China, and that raises a lot of questions.

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HOUSTON, TEXAS - JUNE 14: Chevron gas pumps are seen on June 14, 2022 in Houston, Texas. Chevron has acquired the $3.15 billion Renewable Energy Group (REG), which has 12 biofuels refineries. The move advances Chevron's portfolio of biofuels as it seeks to sell biodiesel at all of its Chevron and Texaco branded gas stations around the country.
HOUSTON, TEXAS - JUNE 14: Chevron gas pumps are seen on June 14, 2022 in Houston, Texas. Chevron has acquired the $3.15 billion Renewable Energy Group (REG), which has 12 biofuels refineries. The move advances Chevron's portfolio of biofuels as it seeks to sell biodiesel at all of its Chevron and Texaco branded gas stations around the country.
Brandon Bell/Getty Images

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The Team

Record gas prices pump in record profits