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Europe
Energy giant Shell posts 'momentous' £12BILLION profits as millions face soaring bills and cost-of-living crisis - sparking calls for windfall tax on power companies
2022-02-04
Posted by:Skidmark

#4  Pie chart says 5% is profit margin.

Rest is expenses, VAT, Green Taxes, and a wholesale costs from 35% to 49% of the bill, +%14, VAT 5%, Green 10%, which makes the Covid procedures plus gov add-ons about 29% of the bill.

Government investigates crises; Government finds there needs to be more government.
Posted by: swksvolFF   2022-02-04 15:18  

#3  If you didn't invest in oil in the spring of 2020 you seriously missed out.
Posted by: Vespasian Ebboting9735   2022-02-04 07:31  

#2  Price controls must come first. Congress must establish a 'sell date' for effective profit taking.
Posted by: Besoeker   2022-02-04 04:26  

#1  That '70s feeling...
Can stagflation be far behind?
Posted by: Merrick Ferret   2022-02-04 04:14  

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