Revealed: oil sector’s ‘staggering’ $3bn-a-day profits for last 50 years

        July 21, 2022 The Guardian | Global | fossil fuels: industry

A first-of-its-kind analysis concluded that the oil industry has made over $50 trillion in profits since 1970. The windfall was enough to buy every politician and system, protecting the industry from government oversight, delaying action on global warming, and adding to consumer prices, while funding for alternatives has suffered.