The headline was attention-grabbing:
“BP rakes in quarterly profit of $8.2 billion as oil majors post another round of bumper earnings.”
CNBC was reporting on BP PLC’s (NYSE: BP) third-quarter earnings.
A profit of more than $8 billion in just three months sounds like a lot of money.
The eye-popping numbers caught the attention of investors and politicians.
I wondered if the politicians may be missing something.
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