Yo hawketrader, is this graphic more to your liking? Do you see a clear trend?
BTW, The zero level is the 20th century average as calculated by US agency NOAA.
OH, that's a charmingly naive suggestion of yours to follow the money.
London to a brick you never do. If by chance you did, you'd find numbers such as those quoted below.
it's one mother of a gravy train.
"Global oil and gas industry earnings 1970-2020
Published by N. Sönnichsen, Aug 25, 2023 by Statista.com
"The oil and gas industry has brought in over a trillion U.S. dollars in annual profits for much of the past decade. Despite a decrease in 2020 when the coronavirus pandemic reduced fuel demand, oil & gas profits have remained high.
"A peak of over 2.5 trillion U.S. dollars was reported in 2008, 2011 and 2012. The figures reflect profits less costs of production and translate into 2.8 billion U.S. dollars of daily profits over the past 50 years."
"OSLO, Feb 14 (Reuters) - The global oil and gas industry's profits in 2022 jumped to some $4 trillion from an average of $1.5 trillion in recent years, the head of the International Energy Agency (IEA), Fatih Birol, said on Tuesday."
Hawketrader did you log that: DAILY profits over the past 50 years of US$2.8 billion.
