Welcome to DU!
The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards.
Join the community:
Create a free account
Support DU (and get rid of ads!):
Become a Star Member
Latest Breaking News
General Discussion
The DU Lounge
All Forums
Issue Forums
Culture Forums
Alliance Forums
Region Forums
Support Forums
Help & Search
General Discussion
In reply to the discussion: I know when gas prices will drop [View all]allegorical oracle
(2,357 posts)27. Exactly. The petroleum industry prefers Repugs because they "drill baby drill." All it takes to
cause gas prices to rise is to shut down refineries. The big oils are making historic record profits, which they believe they deserve because they suffered revenue declines during the pandemic.
Edit history
Please sign in to view edit histories.
40 replies
= new reply since forum marked as read
Highlight:
NoneDon't highlight anything
5 newestHighlight 5 most recent replies
RecommendedHighlight replies with 5 or more recommendations
It is not just that the media is itself corporate, it is more that the big advertisers leverage
Dustlawyer
Jun 2022
#12
It always happens that way doesn't it. It is a constant battle but fight we must.
walkingman
Jun 2022
#3
Except billionaires don't control the price of oil...neither do oil companies
EX500rider
Jun 2022
#11
Yep. Barrel prices have often been at $100+ without pump prices being $5+/gallon. nt
allegorical oracle
Jun 2022
#30
False, the oil companies can cap their margins to keep gas prices low they don't have to take
uponit7771
Jun 2022
#28
It is not false that they do not set the worldwide price for a barrel of oil
EX500rider
Jun 2022
#31
Gas, as I mentioned, is sold from the company and not on market. They can cap those prices
uponit7771
Jun 2022
#37
The Biden administration can also do something about it, there must be some legal recources
Escurumbele
Jun 2022
#17
Exactly. The petroleum industry prefers Repugs because they "drill baby drill." All it takes to
allegorical oracle
Jun 2022
#27