Oil giant Saudi Aramco makes historic $161B profit in 2022:
https://www.detroitnews.com/story/bu...e/69999121007/
The Saudis ought to be sending Biden a great big thank-you card for this.
In the meantime, market conditions may force Biden to retreat on his earlier campaign pledge of "no more drilling on Federal lands. News reports describe pending approval of an Alaskan North Slope drilling project.
Better late to the party than never. But what a waste of time and money by this administration to get to this point.