THE HILL Reports:

Major oil companies saw profits soar in the third quarter of 2022, continuing a trend of massive industry profits even as Russia’s invasion of Ukraine causes spiraling prices for consumers.

ExxonMobil on Friday morning reported its highest earnings ever at $19.7 billion for the quarter, while Shell reported its second highest of $9.5 billion.

Oil companies rake in huge profits amid consumer squeeze

FGGAM STATEMENT OF FAITH:

 

We believe the Holy Scriptures of the Old Testament and New Testament are the inerrant, inspired, and infallible Word of God.
God’s Word is the final authority for faith and life.
We believe there is only one God, and He has chosen to reveal Himself
as God the Father, God the Son, and God the Holy Spirit.
– FGGAM is a nondenominational, nonpartisan, Independent ministry –
FGGAM

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