“One of the biggest problem with eliminating oil is that it is extremely profitable!”
In 2023, the global oil and gas industry earned record income of more than $2.7 trillion, while they invested just 4% of capital…
The global oil and gas industry made a staggering $4 trillion in profits in 2022. This was a significant jump from the average of $1.5 trillion in previous years. In 2023, the global oil and gas industry earned record income of more than $2.7 trillion, while the U.S. oil and gas industry brought in $244.4 billion in revenue.
U.S. oil and gas industry annual revenue 2010-2023
Oil and gas industry earned $4 trillion last year, says IEA chief | Reuters
Feb 14, 2023 OSLO, Feb 14 (Reuters) – The global oil and gas industry’s profits in 2022 jumped to some $4 trillion from an average …
