Oil companies see record profits as consumers grapple with rising cost of living

Oil companies are posting record-high profits for the second quarter. This comes as consumers struggle with the rising cost of living, including high gas prices. Andrew Lipow, president of Lipow Oil Associates, joins "CBS News Mornings" to discuss.

#news #gasprices #costofliving

[mrtruth]

How stupid do they think this country is
Do they seriously think we don’t know how the price of a barrel of oil is the reason we’re paying double

[turkeysandwiche]

Let’s remember We don’t get all our oil from America comes from all over the world so oil companies all over the world are getting rich

[hsh]

INFLATION = GREED...shareholders... How do they live with themselves. Oh ...wait...they don't give a ...Bless all who are reading and ...yes

[FleurPillager]

What caused inflation? Someone needs to explain to me why locally grown melons are at least twice the price they were last summer.

[hankterreros]

As did the "ice" and "coal" delivery companys did before they became history.

[daviddoxtater]

110 billion in pip revenue and the US govt takes in over 4 trillion and nobody says sht.

[glennhertel]

UNACEPTABLE Get with Our Union workers and Office workers and Take These Corporations.

[glennhertel]

You Wanted In The Fight ( we can tell by the price gouging, fixing ) NOW YOUR IN THE FIGHT.

[la_snakr]

Abolissh Police Natiowide!
VoteDem 2022! 💙💙

[Marella]

"Own the natural resources in the ground". Smh.

[profoundclarity]

Everyone just needs to get a third job....the CEOs and companies deserve billions in profit to give to themselves and shareholders while taking corporate

[markbishop]

If the government needs to do something to control the gas prices put a cap on these companies.

[metatron-scribeofgod]

We will put taxes for hunters biden laptop,