Quote:
Originally Posted by ree-Xi
Big difference between $70 a barrel and $35 a barrel. None of those oil companies are hurting for profits. In recent years, many have reported record earnings, far surpassing expected profits.
And we have heard from almost every industry having to raise their prices to cover increased gas costs (airlines, food & agriculture, retail, manufacturing etc.). It trickles down, and people need to decide whether to pay for gas to get them to work, and necessities of life.
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did you not take economics?
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