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Matt Cartwright: “For two of them, it was the biggest profits in 10 years. For…”

Featuring: Matt Cartwright, Democratic | Former U.S. House, Pennsylvania, District 8

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Legislative Forum with Congressman Matt Cartwright

Published | Video Starts at 40:22

If you looked at the top four oil and gas companies in America, they made $27 billion in profits in the first three months of this year, the first quarter of the year, 27 billion among four companies. For two of them, it was the biggest profits in 10 years. For the other two, it was the biggest profits ever. They were laughing all the way to the bank while Americans were living paycheck to paycheck. And that was wrong. So I was in favor of strengthening the ftc. (40:22–40:30)

CLAIM

Asserts that two oil and gas companies had their biggest profits in 10 years, and two had their biggest profits ever.

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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