Last year Big Oil spent $38,000,000,000 on stock buybacks. This year, thanks in part to Putin, the oil giants are planning to buy back at least $22,000,000,000 *more*. We pay through the nose at the gas pump — while Big Oil’s pockets get even fatter. Windfall profits tax. Now.

Last year Big Oil spent $38,000,000,000 on stock buybacks.This year, thanks in part to Putin, the oil giants are planning to buy back at least $22,000,000,000 *more*.We pay through the nose at the gas pump — while Big Oil's pockets get even fatter.Windfall profits tax. Now.— Robert Reich (@RBReich) March 16, 2022