Birdwatch Note Rating
2022-08-22 00:37:17 UTC - NOT_HELPFUL
Rated by Participant: F7A431E6E52A975B41C81A3ED282163578190E9FD77262ABF5C90D7E0D8BC6CD
Participant Details
Original Note:
The rise in gas prices are a result of pricing power, not increased costs. In the first quarter of 2022, Shell, ExxonMobil, BP, Chevron, and ConocoPhillips’s profits were 300% more than in the first quarter of 2021, over $35 billion in profits in three months. https://www.businessinsider.com/gas-prices-oil-company-profits-skyrocketing-energy-sector-earnings-charts-2022-5
All Note Details