Business is booming for two biggest US oil companies, with both benefiting from higher prices and record production

ExxonMobil and Chevron both reported better than expected quarterly results on Friday as the oil majors benefited from higher prices and record production.

The boon for oil companies has simultaneously been a major pain point for consumers, who say the higher cost of living, especially gas prices, will affect how they vote in the upcoming midterm elections that will determine control of Congress.

The heirs of Oswaldo Cisneros, once one of Venezuela’s richest men, received unusual news last April: strangers were touring their oil fields in the Orinoco Belt. On paper, they remained the legitimate operators of the assets, but it soon became clear that, even as those visits took place in plain sight, a plan was being put in motion to take the fields away from them.

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