The good times are rolling for Big Oil. 3 things to know about their surging profits

https://www.npr.org/2022/05/07/ [login to see] /big-oil-exxon-earnings-gasoline-prices-crude
It's a good time to be an oil company – and an even better time to be an oil investor.

Over the past couple of weeks, Big Oil companies have reported a surge in profits for the first three months of the year. In fact, earnings would have been even bigger had they not booked charges from exiting Russia.

But that boom is bound to raise scrutiny from Democrats who believe Big Oil's profits are coming at the expense of American consumers saddled with high prices at the gas pump.

Here are three things to know about the earnings in the oil sector.