extract and sell the gas and oil on our seeing profits driven by the spike in oiland our seeing profits driven by the spike in oil and gas prices because of the war in ukraine. in the last quarter shell made £8.i of the war in ukraine. in the last quarter shell made £8.1 billion, the second highest profit quarterly in the history of the company. the highest was the last quarter, up untiljune it was £9.5 billion, well over $10 billion. shell so far this year has made it £26 billion, over $30 billion, well over double what it made last year. analysts say we do need to take a long term view of this stop during the pandemic these big oil companies were losing money hand overfist and big oil companies were losing money hand over fist and the dividend they are paying to shareholders now is still below what they paid in 2018. the wholesale oil prices have dropped and gone from 120 dollars
this is their number one thing that my constituents talk about. they don t get involved in how we will do that, that is a government matter, that, that is a government matter, that the debate between the two sides is whether or not you think that the more you try and hit people who run businesses with taxes, the more likely they are no longer to invest and pull the investment somewhere else, so this is a balance about the future in terms of growth versus whether you take a kneejerk reaction and try to say, this is a good political gesture but itjust won t get the money that you think it gets. it is going to be a package of 100 billion, and you will be lucky to get much money off them. it lucky to get much money off them. it is true, even the labour figures talk about £8.1 billion in terms of what a windfall tax will raise. that is a drop in the ocean compared to our hundred and £50 billion. they are already taxed. £150 billion. do you accept the point that in terms of moving the
rising wages. we re in the middle of some of these similar dynamics, as i wrote in my past monday column for the financial times. we could be seeing that kind of a correction at some point. one question i have is is that going to derail the u.s. consumer? the u.s. consumer has still, in the midst of pandemic and in the midst of war played this role of the buyer of last report. we ve started to see that change a little bit. are we going to see that consumer pull back and say, no, i want to see more cash on hand. when it comes to amazon specifically, i mean, the loss of, what was it, 3.8 billion compared to the same period last year, it made 8.1 billion. how could projections to wall street have been so wrong?
illinois getting over $8.1 billion is a gun reduction strategy. 15 jurisdictions nationwide are helping them invest in evidence-based community based strategy. your reaction to that? here s my reaction. everybody wants to blame the gun. you re going to blame the inanimate object. it s like me blaming the spoon because i put so much weight on. if to go after people. we the people problem in the city of chicago. we ve gangs raising children. you want to blame surrounding states where the guns are funk, coming from but they don t have anywhere near the gun violence that we have. you need to point out what is going on in a community and don t worry about being reelected. you will not have a city to run or govern over anymore because it s being destroyed. you have to start calling it what it is and pointing people out and calling them to stand up
the rest of the country and, in fact, on that particular note, moody s analytics keep with index, back to normal index and only two states that have an economy that is producing above pre-pandemic levels, south dakota is one and obviously florida is another. and that s remarkable when you consider where we are with travel, only about 3 quarters of where it had been and the cruise industry that has yet to get underway. interesting, south dakota and florida, presidential candidates coming from governor ranks and as you mentioned the cruise ship industry according to fox news research represents $8.1 billion in 2019 and 159,000 jobs. so clearly a critical industry for your state of florida, does that help explain why there s so much anxiety basically to get up and running again? yeah, mike. well, there are a couple of things about this. as you heard governor desantis