#oil companies

There are going to be questions about what major oil companies are doing with all of the resources they're accumulating. They can't escape that. ↗

— Pete Domenici

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#companies #doing #escape #going #major

There are growing concerns that oil companies are making too much in profits at the expense of consumers. ↗

— Pete Domenici

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#concerns #consumers #expense #growing #making

There are signs that the age of petroleum has passed its zenith. Adjusted for inflation, a barrel of crude oil now sells for three times its long-run average. The large western oil companies, which cartellised the industry for much of the 20th century, are now selling more oil than they find, and are thus in the throes of liquidation. ↗

— James Buchan

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#adjusted #age #average #barrel #century