Why do China and Great Britain have the largest energy companies? Why doesn't the U.S have the largest energy companies?

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  • 4 months ago

    Pretty sure Exxon and Chevron are 1 and 3 when excluding state owned "companies."

    If state owned...is it really a company?

  • 4 months ago

    Because way back in the day Standard Oil got broken up in an anti-trust case. It originally got broken into 7 different pieces, but there's been consolidation. Exxon and Chevron are both Standard Oil descendants and part of the reason why BP is so big is because they bought some of the former S.O. pieces as well.

    The largest energy company in the world is actually Saudi Aramco, but they're not publicly traded.

  • Maxi
    Lv 7
    4 months ago

    Because those countries have invested in energy...as far as Britain is concerned 'energy' companies are private companies, it is an island and needs to support its needs and is heavily investing substanially in solar, wind, ground source etc as well as professionally advising and supporting many other countries in the world to do the same..........

    Energyis the US is not invested in as the US has cheap fuel like coal, oil and the US are not concerned about their carbon footprint or their own or world environment.... so continue to use old energy sources and do not invest and grow

    • Casey Y
      Lv 7
      4 months agoReport

      We are concerned...not everyone in the US is pro-coal...

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