{"id":1014,"date":"2023-01-31T16:03:45","modified":"2024-08-16T11:18:26","slug":"news-fetterman-statement-on-record-big-oil-profits","link":"https:\/\/www.fetterman.senate.gov\/news-fetterman-statement-on-record-big-oil-profits\/","title":{"rendered":"Fetterman Statement on Record Big Oil Profits"},"content":{"rendered":"<p><b>WASHINGTON, D.C. \u2014<\/b> Pennsylvania U.S. Senator John Fetterman on Tuesday released the following statement after\u00a0<a href=\"https:\/\/www.reuters.com\/business\/energy\/exxon-smashes-western-oil-majors-earnings-record-with-59-billion-profit-2023-01-31\/\">Exxon announced<\/a>\u00a0record profits for 2022, following\u00a0<a href=\"https:\/\/thehill.com\/policy\/equilibrium-sustainability\/3833284-chevron-posts-record-earnings-for-2022\/\">Chevron\u2019s announcement<\/a>\u00a0last week that they also made record profits last year:<\/p>\n<p>\u201cThis summer, families across PA paid $5 a gallon for gas while Exxon made profits that \u2018smashed earnings records\u2019 and Chevron posted \u2018record earnings.\u2019<\/p>\n<p>\u201cThis price gouging is simply disgusting, and I\u2019m going to get to the bottom of it.\u201d<\/p>\n","protected":false}}