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TheRealNorth

(9,647 posts)

7. Yes

Reply to Hoyt (Reply #4)

Wed May 18, 2022, 04:28 PM

May 2022

I was looking at a graph from Business Insider which showed that Q1 Profits for 2022 for the Big Oil Companies (ExxonMobil, Shell, Chevron, BP) were 2-3 times their profit in Q1 2019. So they are raking it in compared to what they were making pre-pandemic.

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Republicans: BP's profits are TRIPLE what they were at this time one year ago---up to 9.3 [View all] Atticus May 2022 OP

Funny how people are still blaming Joe. ProudMNDemocrat May 2022 #1

Well, to be fair they had loses in 2020. Here's what Paul Krugman says about gouging and inflation: Hoyt May 2022 #2

Krugman has always been a neoliberal.... TheRealNorth May 2022 #3

Do you have any criticism of what he said? What does your go to Hoyt May 2022 #4

Yes TheRealNorth May 2022 #7

Hey, you own oil and oil prices go up, you make more. You would to if you owned oil. Hoyt May 2022 #12

OK, gouging is probably "a" factor in the inflation, not "the" factor. To my knowledge, no one Atticus May 2022 #6

Considering energy and oil costs affect the prices of a lot of other products.... TheRealNorth May 2022 #9

We are paying for the gas we didn't use during the pandemic lame54 May 2022 #5

The heating oil supply companies Meowmee May 2022 #8

60 votes not in Senate to overcome GOP filibuster of Gas Price Gouging Bill TheBlackAdder May 2022 #10

It is WILD to me that Democrats aren't talking about this nonstop renate May 2022 #11

they have a captive audience so they really never have to operate at a loss Takket May 2022 #13