Reposted by Barbs
Shell’s refineries expected to make record profits.
Profit margins of $42 a barrel, up from $24 a barrel. Cashing in on global conflicts.
Bumper payouts for execs and shareholders. Misery for households and businesses. Millions plunged into poverty.
Must levy 100% windfall tax.
theguardian.com
Shell expects refineries to almost double the profit from every barrel of fuel made
Record prices caused by global shortages amid shutdown of war-damaged refineries in Middle East and Russia