News Formal

Why Are Oil Companies Reporting Record Profits?

  • 📰 nbcsandiego
  • ⏱ Reading Time:
  • 21 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 51%

France Nouvelles Nouvelles

France Dernières Nouvelles,France Actualités

NBC 7 Responds looks at how California is trying to investigate this year's record-setting gas prices.

Doctors Say ‘Stay Home If Sick': How to Manage Sick Calls During Busy San Diego Flu Season

This year oil and gas companies, including the ones that refine gasoline in California, also reported record-breaking profits."When there's that high demand and supply is scarce, costs go up," said Slagle."You see that reflected in earnings." "The big oil companies sell both oil and gas," said Alan Gin, associate professor of economics at the University of San Diego.

Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 524. in FR
 

Merci pour votre commentaire. Votre commentaire sera publié après examen.

France Dernières Nouvelles, France Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

20 big oil companies expected to be cash gushers in 2023 despite short-term uncertaintyThe oil industry faces an earnings decline, but the long-term outlook is healthy, according to analysts at Jefferies.
La source: MarketWatch - 🏆 3. / 97 Lire la suite »

A market mystery: Energy stocks are still riding high even as crude oil tumblesA market mystery: Energy stocks are still riding high even as crude oil tumbles. Here's the latest from BobPisani.
La source: CNBC - 🏆 12. / 72 Lire la suite »