CNN CNN Newsroom June 4, 2024 18:33:00
Oil companies were making more money than they ever have before. exxonmobil, chevron and shell posted annual record profits. if you think they're going to use the money to make your trip to the pump less painful, think again. cnn's matt egan is at the magic wall to help us understand that. how much money are we talking about here, and what exactly are they planning to do with it, since it doesn't seem to be give the rest of us a break? >> big oil is minting money right now. check out these eye-popping numbers. shell, exxon, chevron, all of them have doubled their profits over the past year. ex...