[Brief pending — AI generation failed]
Oil companies are making billions. In the U.S., calls to tax their windfall are growing
Source: NPR News
Oil companies are making billions. In the U.S., calls to tax their windfall are growing
Byaurexerppro@gmail.com
Jul 16, 2026
MIDLAND, TEXAS - MARCH 16: A pump jack is seen at sunset on March 16, 2026 in Midland, Texas. Oil prices have risen roughly 4% as the recent conflict involving Iran, the United States, and Israeli forces heightens global concerns over energy costs. Attacks on energy infrastructure and shipping disruptions through the Strait of Hormuz—a critical passage responsible for about 20% of the world’s oil supply—are intensifying fears of supply shortages and rising inflation, as production and exports across the region continue to be disrupted. (Photo by Brandon Bell/Getty Images)