Big Oil Is Making Record Profits
Climate Reality
(May 28, 2026) — We’re living through the biggest energy crisis in history. Energy prices are soaring and families are struggling. And through it all, Big Oil is making record profits.
The war in the Middle East has made this even more clear, causing instability and uncertainty for people everywhere but record earnings for many oil companies.
In the first three months of this year, BP made more than double what it did in the same period last year. TotalEnergies saw a 30% increase.
Another reason oil companies are doing so well? The billions in government handouts they get each year. In the US alone, fossil fuel companies receive over $3 million in subsidies every hour. That’s your tax dollars going to some of the wealthiest companies on Earth.
Big Oil Doesn’t Need Our Help. The Planet Does.
Several of the biggest oil companies are poised to make nearly $3,000 a second in profits this year while our families are left with rising pollution, more climate disasters, and global conflict.
Fair has gone out the window. It’s time to act.
