CoinFunda ⚡ Crypto/ICO Blog ⚡ retweeted
US OIL COMPANIES IN 2026:
U.S. OIL COMPANIES ARE GETTING RICH OFF SKY HIGH OIL PRICES WHILE THE AVERAGE CONSUMER IS SUFFERING
This is the biggest transfer of wealth we have seen in years. Since the war with Iran started on FEBRUARY 27, oil prices have exploded from $70 to over $100 a barrel.
The reason is simple: 20% of the world’s oil flows through a tiny water path called the Strait of Hormuz.
Right now, that path is a mess.
This is the biggest supply disruption in history.
But here is the part no one is talking about.
Normally, when oil prices go up, companies spend money to drill more and lower the price. But this time, they are not doing so.
Companies like Exxon and Chevron are keeping their spending flat. They aren't hiring more workers or building more rigs.
Instead, they are taking every extra dollar you pay at the pump and keeping it as pure profit.
The data is shocking:
- U.S. oil companies are on track to make $63 billion in extra cash this year alone.
- They are giving 45% of their cash straight back to their wealthy shareholders.
- Since 2022, the five biggest oil majors have already made $467 billion in profit.
- Exxon alone is set to make $25-$30 billion in extra money because of this war.
- Chevron is expected to make an extra $12.5 billion.
While these companies celebrate their best year ever, the rest of the country is heading toward a crisis.
Gas prices jumped 40 cents in just one week. Experts now say there is a 25% chance of a major recession.
High oil prices cause inflation, which makes your groceries, rent, and electricity more expensive.
Trump even said that because the U.S. is the biggest oil producer, we "make a lot of money" when prices go up.
But the truth is, that money isn't going to consumers.
It's going to a handful of companies that have decided to stop growing and just collect as much cash as possible while the world is in a panic.
This is a massive transfer of wealth that is happening right under our noses.
The oil industry is having its best year ever, and consumers are the ones paying the bill.
CoinFunda ⚡ Crypto/ICO Blog ⚡ retweeted
Dash is the best example of a "futuristic dino coin."
Almost 12 years old, Dash is as old-school as they get, with classic fundamentals like proof-of-work, no VCs or premine, proper decentralization, and limited supply.
But we've also evolved to have some of the most cutting-edge tech in the industry.
Dash is the best of the future and the past.
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CoinFunda ⚡ Crypto/ICO Blog ⚡ retweeted
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CoinFunda ⚡ Crypto/ICO Blog ⚡ retweeted
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