Rep. Katie Porter

@RepKatiePorter ↗

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Last Checked Oct. 3, 2022

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Thu May 19 18:43:47 +0000 2022

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Rep. Katie Porter @RepKatiePorter

We have quantitative and qualitative data documenting Big Oil's price gouging. The CEO of @PXDtweets, which has pledged not to raise production despite sky high prices, bragged that "whether it's $150 oil, $200 oil, or $100 oil, we're not going to change our growth plans." (3/7) — PolitiTweet.org

Posted May 19, 2022

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Rep. Katie Porter @RepKatiePorter

A majority of surveyed executives admit to not increasing supply because Wall Street doesn't want them to. Profits are at a 7 year high and shareholders don't want to give that up—especially since Big Oil is planning $40 billion in stock buybacks. (2/7) https://t.co/YQlZB2eYIx — PolitiTweet.org

Posted May 19, 2022

Followed By

Rep. Katie Porter @RepKatiePorter

The CEO of @exxonmobil touted on a recent earnings call that their goal "is less about volume and volume targets [supply] and more about the quality and profitability of the barrels." The scheme is working: the oil giant doubled its quarterly profits from a year earlier. (4/7) — PolitiTweet.org

Posted May 19, 2022