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Carl Marlinga: “Oil companies had a record $51 billion in profits, 235% up…”

Featuring: Carl Marlinga, Democratic | Former Candidate, U.S. House Michigan, District 10

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Democrat candidate for Congress Carl Marlinga talks oil, inflation and abortion

Published | Video Starts at 02:27

And even if we drill more, they would simply produce less. And so they can always inflate the price of oil. And as shown by the last quarter, Oil companies had a record $51 billion in profits, 235% up over the previous time period. To the time period. Excuse me. And it just makes me angry that we allow the oil companies to get away with gouging us. And it not only makes us angry, it makes us poor. (02:27–02:37)

CLAIM

Asserts that oil companies' profits increased by 235% to a record $51 billion.

This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.


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