Chevron announced Friday that it brought in a record-shattering $35.5 billion in profits in 2022, a sum that campaigners said highlights just how much the company benefited from global energy market chaos spurred by Russia's war on Ukraine.
"What Big Oil has done over the last year is the definition of war profiteering," said Jamie Henn, a spokesperson for the Stop The Oil Profiteering (STOP) campaign. "After working with Russia for decades, companies like Chevron have used the war in Ukraine as cover to jack up prices and suck billions directly out of the pocket of American families."
