May 6, 2024
Big oil catered to shareholders while Americans were hit with surging gas prices – CNN Video

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

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.

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