Here's Why Gas Prices Are So High

2 years ago
2

What’s really behind rising gas prices? We dug into U.S. oil companies' financial reports to investigate the REAL reason prices have spiked. The culprit? It's not Joe Biden — it's corporate greed.

Oil execs, who have been Putin’s close partners for years, are cashing in on Russia’s war. Since Russia began preparing to invade Ukraine, 5 major oil CEOs have made $99 million from selling their shares. This year, Big Oil is set to send $88 BILLION back to shareholders via buybacks & dividends—nearly double the buybacks completed in 2014.
-----
More Perfect Union is a new nonprofit media org with a mission to empower working people. Learn more here: http://perfectunion.us/
Follow us on Twitter: https://twitter.com/MorePerfectUS
Instagram: https://www.instagram.com/perfectunion/
Facebook: https://www.facebook.com/MorePerfUnion

Loading comments...