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February 11, 2023."Oil companies make money by locating oil and gas reserves buried in rocks under the earth's surface, and drilling down to release them.The costs don’t vary that much as the price goes up or down, but the money they make from selling it does.So when oil prices soared after the invasion of Ukraine, the money these companies made from selling oil and gas massively increased as well."
February 11, 2023
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"Oil companies make money by locating oil and gas reserves buried in rocks under the earth's surface, and drilling down to release them.
The costs don’t vary that much as the price goes up or down, but the money they make from selling it does.
So when oil prices soared after the invasion of Ukraine, the money these companies made from selling oil and gas massively increased as well."