The industry’s massive profits and push to expand oil and gas infrastructure shows they will go to any lengths to keep fossil fuels alive no matter the impacts on the health of frontline communities or our climate.

The industry’s massive profits and push to expand oil and gas infrastructure shows they will go to any lengths to keep fossil fuels alive no matter the impacts on the health of frontline communities or our climate.

In response to the Biden administration’s meeting with seven oil and gas companies,  Greenpeace USA Senior Campaigner Ashley Thomson said: 

“Over $41 billion dollars: that’s how much Big Oil profited in only the first 3 months of 2022 thanks to soaring gas prices. And now, the Biden administration is meeting with seven millionaire executives to ask them how to relieve pain at the pump for their profit base.

“Biden is running out of band-aids and needs to start treating the root of our nation’s fossil-fuel sickness. The industry’s massive profits and push to expand oil and gas infrastructure shows they will go to any lengths to keep fossil fuels alive no matter the impacts on the health of frontline communities or our climate.

“President Biden must lead us towards long-term solutions to get us off fossil fuel dependency and into a healthier and renewable future. Congress must fund the administration’s recent renewable Defense Production Act order and support consumers now through the Big Oil Windfall Profit’s tax that would return these ill-gotten profits to consumers.”

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Additional information: 

The administration will meet with ExxonMobil, Shell, Valero, Marathon, Phillips 66, BP and Chevron.

Big Oil executives that the administration penned letters to are:

2022 Q1 Profits for each company: