“Saudi oil giant Aramco posts record $161 billion profit for 2022”
March 13, 2023
“Saudi Arabia’s state-controlled oil giant Aramco on Sunday reported a record net income of $161.1 billion for 2022 — the largest annual profit ever achieved by an oil and gas company.
Aramco said net income increased 46.5 percent over the year, from $110 billion in 2021. Free cash flow also reached a record $148.5 billion in 2022, compared with $107.5 billion in 2021.
“This is probably the highest net income ever recorded in the corporate world,” Aramco CEO Amin Nasser said on a Sunday earnings call…”
The supposed green energy transition is a lie. The carbon cycle is a part of life. The only way to get carbon to zero, A.K.A. net neutral, is for you to go to zero. That means you the reader must die. Do you like living? I know I do. The carbon cycle is part of life. It can’t be zero. the earth needs it to survive.