Wednesday, March 16, 2022

Big oil catered to shareholders while Americans were hit with surging gas prices

Americans were hit with soaring gas prices, and ramping up oil production was a potential solution. CNN's Rene Marsh reports on recently uncovered audio calls that reveal inconsistencies between what fossil fuel companies purported about oil supply, and what their conversations were with shareholders -- including offering them higher dividends and stock buybacks.

source https://www.cnn.com/videos/business/2022/03/16/fossil-fuel-companies-shareholders-oil-production-gas-prices-the-lead-vpx.cnnbusiness
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Russian authorities detain suspect over St. Petersburg cafe blast

source https://edition.cnn.com/webview/europe/live-news/russia-ukraine-war-news-04-03-23/index.html