Well Looky Here: Shell Reports Its Second-Highest Profit - $9.5 BILLION

[kpete]

The good times continue at Shell. The London-based energy giant reported adjusted earnings for the third quarter of $9.45 billion, its second-highest profit on record and more than double the $4.1 billion it made in the same period a year earlier,” the New York Times reports.

Shell is mainly benefiting from high oil and natural gas prices partly stoked by the war in Ukraine, as Russia squeezes gas flows to Europe.

https://politicalwire.com/2022/10/27/shell-reports-its-second-highest-profit/
https://www.nytimes.com/2022/10/27/business/shell-earnings-profit-oil-gas.html

[Botany]

1. Katie Porter pulls out chart at hearing to show corporate greed is the "biggest driver of inflation"

Porter asked if that meant that "over half of the increased prices people are paying are coming from increases in corporate profits?"


https://www.salon.com/2022/10/19/katie-porter-pulls-out-chart-at-hearing-to-show-corporate-greed-is-the-biggest-driver-of-inflation_partner/

[underpants]

2. The Saudis are the distributor for Shell

at least in the US.