As Biden Welcomes Venezuela Oil, He Prepares To Block All US Offshore Drilling Yesterday afternoon - after reports that the Biden admin would ease sanctions if Venezuela would pleeeeease pump more oil, @BradHuston succinctly opined on Twitter:
Revealed: oil sector’s ‘staggering’ $3bn-a-day profits for last 50 years The oil and gas industry has delivered $2.8bn (£2.3bn) a day in pure profit for the last 50 years, a new analysis has revealed.