Riding on the wave of sky-high gas prices and industry-wide price hikes, oil giant Exxon was handed the highest profits ever reported by a western oil company in 2022, its latest financial report reveals. The company reported on Tuesday that it made a net profit of $55.7 billion in 2022, roughly 2.5 times its 2021 profits of $23.6 billion. This represents $6.3 million in profits per hour on…
