Online Public Relations Thoughts

Oil giants Exxon and Chevron are set to announce $100 billion in profits for 2022.  That has set the Biden administration's teeth on edge and provoked charges of customer gouging.  It doesn't matter that barrel prices are set by world commodity trading and not the companies themselves.  It looks bad.  While most corporations would celebrate success, the oil giants have a PR problem on their hands.  The public won't accept such earnings easily and there will be calls for give-backs and taxation to curb their profits.  Environmentalists are already screaming that oil companies are not doing enough to curb pollution and foster green energy. This is a case in which success is misery.