BP boosts dividend after profit hits 14-year high
https://finance.yahoo.com/news/bp-re...060735663.html
Quote:
LONDON (Reuters) - BP's second quarter profit soared to $8.45 billion, its highest in 14 years, as strong refining margins and trading prompted it to boost its dividend and spending on new oil and gas production.
The strong performance caps a blowout quarter for the top Western oil and gas companies on the back of soaring energy prices that have increased pressure on governments to impose new taxes on the sector to help consumers.
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No doubt the Repubes will benefit greatly monetarily from this. Off the backs of hard-working citizens. It never ends. Sigh.