BP and Shell’s profits

A graph paints a clear picture.

Courtesy of the BBC

Their is a lot of media speculation about the huge profits of the energy companies. The talk is about making extra taxes on their huge profits, such as windfall taxes.

However, when the oil companies make huge losses, their is never talk about a Government cash injection or bailout.

https://www.bbc.co.uk/news/business-55931523

https://www.theguardian.com/business/2021/feb/02/bp-loss-covid-19-oil-demand

https://www.bbc.co.uk/news/business-55907863

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