Showing posts with label profits. Show all posts
Showing posts with label profits. Show all posts

Friday, October 30, 2026

Shell profits double to $10.8bn as Iran war pushes up profit margin on oil

“As fossil-fuelled storms, floods, and soaring costs wreck communities, oil executives like Shell’s Wael Sawan are popping champagne on the deck of a sinking planet. We are paying with our lives and paychecks while they cash in on our misery,” said Philip Evans, a senior campaigner at Greenpeace…

 https://www.theguardian.com/business/2026/oct/29/shell-profits-double-iran-war-pushes-up-profit-margin-on-oil


Friday, October 2, 2026

High diesel costs squeeze Michigan corn and soybean farmers

“If we can market it at a little higher price, maybe we can offset some of those expensive diesel costs, but as of right now until we get the crop off … and see what we have on the field, it’s still an unknown,” said Rupprecht…

 https://www.michiganpublic.org/transportation-infrastructure/2026-10-01/diesel-costing-michigan-farmers-more-as-fall-harvest-of-corn-and-soybeans-is-underway


Tuesday, August 25, 2026

Saturday, August 8, 2026

Trump faces calls for windfall tax on big oil’s profits from Iran war

“Trump’s declaration that big oil is ‘making too much money’ belies his accommodation and giveaways to the industry that have enabled its price-gouging – not to mention his disaster of a war of choice against Iran,” said Tyson Slocum, energy program director at consumer advocacy nonprofit Public Citizen. “But like a broken clock that’s correct twice a day, the president is right that oil companies are ‘making too much money’, which means Trump should endorse a windfall profits tax.”…

 https://www.theguardian.com/us-news/2026/aug/07/trump-windfall-tax-big-oil-iran-war


Friday, July 17, 2026

As oil company profits surge so do U.S. calls for windfall profit tax : NPR

The world's top 100 oil and gas firms made $30 million every hour in excess profits during the early days of the U.S-Israeli war with Iran. That's according to an analysis by the environmental nonprofit Global Witness and the Guardian...

 https://www.npr.org/2026/07/16/nx-s1-5845818/oil-prices-windfall-tax-iran-war 


Thursday, July 16, 2026

Newsom’s answer to AI anxiety: Share the wealth - POLITICO

… making the case that Americans deserve a share of the profits. And while he has opposed a billionaire tax in his home state, he raised the issue nationally with proposed taxes on the wealthy — and with his new proposal on AI...

 https://www.politico.com/news/2026/07/15/newsoms-populist-turn-on-tech-00997048



Saturday, June 13, 2026

House Dems propose add-ons to "Ratepayer Bill of Rights"

The new bills would cap utility profits at a little over 8.2% return on equity, and block power companies from spending revenue from ratepayers on things like lobbying and executive salaries. The package would also require companies to re-evaluate their infrastructure every five years to avoid outages and improve service...

 https://www.michiganpublic.org/politics-government/2026-06-12/house-dems-propose-add-ons-to-ratepayer-bill-of-rights


 








Click Older Posts above to see more.