The world’s six largest publicly traded oil and gas companies – ExxonMobil, Chevron, BP, Shell, ConocoPhillips, and Total SE – reported their third quarter earnings last week. These oil and gas giants continue to rake in profits thanks to sustained high oil and gas prices. In total, these six companies reported roughly $60 billion in profits this quarter, more than double what they brought in over the same period last year. Big oil is pocketing record profits, all while receiving billions of dollars’ worth of needless taxpayer-backed subsidies each year and creating more environmental and climate liabilities for all of us.

Read our analysis of top 20 U.S. oil and gas companies’ profits here.

Read our analysis below, or download it here.