BP ($BP@UK) reported an $8.2 billion profit in 3rd quarter earnings in a period that has been lucrative for oil and gas majors. On Monday, President Joe Biden called on the oil majors to stop “war profiteering” and threatened to pursue a windfall tax if they did not work to cut gas prices. BP CEO Bernard Looney said the company was committed to providing consumers with oil and gas while “investing to accelerate the energy transition.” Combined the profits of BP, Shell ($SHEL@US), TotalEnergies ($TTE@France), Exxon ($XOM@US), and Chevron ($CVX@US) total nearly $50 billion. BP’s shares are up 45 percent year-to-date.