Post #2790366
2026-05-03 21:12 UTC
Not for them though. They're making record profits.
Replies (2)
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@TankovayaDiviziya@lemmy.world 2026-05-03 22:41
I think the Chevron CEO is feigning concerns so that oil companies won't get a bad PR. Everyone knows they got record profits because there is talk of windfall tax after all.
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@grte@lemmy.ca 2026-05-04 00:20
For now. These prices are already forcing people to look at evs or alternative modes of transport. If it goes on long enough things could reach a tipping point that collapses their industry. Like a star going supernova before collapsing into a dwarf.