Exxon thinks Americans are stupid

 Exxon just posted their highest quarterly profit in the history of the company.


"Faced with calls to share the oil industry’s 2022 windfall with the American people, Exxon CEO Darren Woods says he’s doing just that — in the form of a big dividend payout to shareholders. No really. I’m not kidding. “There has been discussion in the U.S. about our industry returning some of our profits directly to the American people,” says Exxon Chief Executive Officer Darren Woods. “That’s exactly what we’re doing in the form of our quarterly dividend.”

In case you live under a rock, shareholder dividends are not actually sent to the American people. They’re sent to the owners of Exxon, shareholders. So Exxon is sharing the wealth with the American people in the sense of making a lot of profits for Exxon and sharing it with the company’s owners."

https://talkingpointsmemo.com/edblog/exxon-chief-were-getting-rich-on-behalf-of-the-american-people

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