One Of The World’s Huge Companies Made $4 Billion

ConocoPhillips made $4 billion in the third quarter. Exxon made twice that. Saudi Aramco made even more. This raises the debate over whether these companies should be taxed, since their profits stem from the run-up in oil prices, which they had nothing to do with. Their response is that they spent billions to find the oil and drill for it. The new profits, they say, are just a return on that investment,