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Post by tnthomas on Nov 29, 2022 9:54:44 GMT -5
Oil companies post massive profits as consumers feel squeeze from high gas prices pbs.org
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Post by helen on Nov 29, 2022 10:58:26 GMT -5
And how often does a company put common good in front of stockholder dividends. Rarely if ever.
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Post by 2old on Nov 29, 2022 16:26:19 GMT -5
Gas prices across the nation are dropping like a rock! Petroleum industry giants know... and are accustomed to... the financial support handed them by the GOP. They pocketed record profits during the buildup to the November election. The goal was to blame the pain at the pump on the Biden Administration and see the GOP grab huge majorities in Congress. Well... that didn't work out well for them.
Now, they will let fuel prices begin to coast a bit anticipating the 2024 election cycle. No matter the nominee, Oil wants to see a Republican back in the White House. I believe will see record high fuel prices building through all 2024, with finger-pointing aimed at the current administration.
The price of fuel has nothing to do with who it hurts or how much. It's all about profiteering and politics.
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Post by tnthomas on Nov 29, 2022 17:09:41 GMT -5
Oil wants to see a Republican back in the White House. Even oldmontana's thread supports this statement. Oil producers and firearms manufacturers always enjoy the very profitable legislation that the on-the-take GOP politicians provide them.
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