Today news
About the same in other media
16.11 - 13:09
15.11 - 19:17
Biden Calls for Penalties on Oil-and-Gas Companies’ ‘Windfall’ Profits
Reading now: 743
WASHINGTON—President Biden called on Congress to penalize oil-and-gas companies if they don’t use their profits to help lower energy costs for consumers, ratcheting up his criticism of the fossil-fuel industry ahead of next week’s midterm elections.
“Their profits are a windfall of war,” Mr. Biden said Monday at the White House. “At a time of war, any company receiving historic windfall profits like this has a responsibility to act beyond the narrow self-interest of its executives and shareholders.” World energy prices have risen in the aftermath of Russia’s invasion of Ukraine.
Read more on wsj.comAbout this in other media
Poland blast: What do we know about the missile explosion near the Ukrainian border? euronews.com /1 year ago
U.S. Panel Calls for Review of China Trade Relations wsj.com /1 year ago
Opposition MPs criticise Polish police for behaviour at nationalist march euronews.com /1 year ago
Show more
The website finance-news.co is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
