Oil Giants Make $3,000 Every Second As US Families Struggle To Pay Bills
Six oil companies are expected to post $94 billion in fossil fuel profits this year. This is $37 million more per day than what they earned in 2025.
While profit soars for oil giants, energy bills are crushing families
Iran War Impact: It takes one second to read this line. In that time, the world’s biggest oil companies just made nearly $3,000.
According to a study by Oxfam International, six of the world’s largest fossil fuel firms are projected to earn $2,967 every second in 2026. The report has been published ahead of the global conference on transitioning away from fossil fuels in Santa Marta, Colombia. Follow Markets Live Updates
Who are these six companies?
- Chevron
- Shell
- BP
- ConocoPhillips
- ExxonMobil
- TotalEnergies
Together, they are expected to post $94 billion in fossil fuel profits this year. Not revenue. Profit. That is $37 million more per day than what they earned in 2025.
While profit soars for oil giants, energy bills are crushing families in US. Across the US and several other nations, households are facing