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BP's Record Profits On Gas & Oil Prompt Calls for Windfall Tax – Would Anyone Truly Benefit?

BP announced a record profit of $12.8 billion in 2021, from a loss of $5.7 billion the year before, after soaring gas and oil prices in the second half of the year. Bernard Looney, BP's chief. ....

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Oil Could Soar to $100 in 2022 If Supply Can't Outpace Demand

Oil prices dominated economic news headlines this week when crude spiked 4% in a single day to $81.22 a barrel, its highest point in two months. That price might seem like a bargain by summer, as some. ....

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