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As the War on Iran Spikes Gas Prices, Shell’s Profits More Than Doubled
['Jake Johnson', 'Sharon Zhang', 'Chris Walker', 'Michael Arria', 'Mitchell Plitnick', 'Stephen Prager', 'Tareq S. Hajjaj', 'Amy Goodman', 'Nermeen Shaikh', 'Jon Letman']
Truthout
A Greenpeace UK campaigner said that “we’re running out of words to describe the obscenity of these numbers.”
From April to June, Shell posted $9.84 billion in profit — the company’s best quarter in four years.
“This is obscene,” Zack Polanski, leader of the UK Green Party, wrote on social media in response to Shell’s earnings report.
“While the cost of living crisis continues to spiral, with food and fuel prices soaring,” Polanski wrote, “so do global oil and gas companies profits.”
Rudy Schulkind, political campaigner with Greenpeace UK, said that “we’re running out of words to describe the obscenity of these numbers.”