ASSOCIATED PRESS • October 28, 2022
Oil companies brought in staggering profits once again as people worldwide struggled with high gasoline and energy prices. Exxon Mobil broke records with its profits in the third quarter, raking in $19.66 billion in net income on $112.07 billion in quarterly revenue, more than double the revenue it received last year during the same period. Chevron had $11.23 billion in profits on $66.64 billion in revenues.