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
Editorials & Other Articles
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: Oil companies are keeping gas prices inflated to help Republicans get elected [View all]Farmer-Rick
(12,545 posts)33. 25.71% of zero is still zero
Just kidding.
But apple is smaller than the oil corporations. But don't worry, here's another example of them profiteering:
"ExxonMobil reported a net profit of $5.5 billion, more than doubling its earnings from the year-ago period. Shell notched its strongest quarterly profit ever, and Chevron posted its best earnings quarter in nearly a decade."
https://www.google.com/amp/s/www.businessinsider.com/gas-prices-oil-company-profits-skyrocketing-energy-sector-earnings-charts-2022-5%3famp
According to the link ExxonMobil's profits alone went up 100%.
Edit history
Please sign in to view edit histories.
Recommendations
0 members have recommended this reply (displayed in chronological order):
109 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
Oil companies are keeping gas prices inflated to help Republicans get elected [View all]
StrictlyRockers
Jun 2022
OP
it was in the voting rights bill... that fucking was blocked in the senate by the usual suspects
LymphocyteLover
Jun 2022
#37
Last quarter SEC filings showed Exxon with 6.23% profit margin. Apple had a 25.71% profit margin.
kelly1mm
Jun 2022
#9
The original tweet in the OP, which has generated much debate in this thread, is asserting -
BumRushDaShow
Jun 2022
#88
Agreed and oil can be set at one price while gas is set at another, gas is set historically higher
uponit7771
Jun 2022
#66
Oil futures are part of the equation also. Russia and the Saudi's are #'s 2&3 in oil production.
NoMoreRepugs
Jun 2022
#54
We should have done that back in 1859, when the first oil well started pumping crude out of the
sop
Jun 2022
#14
You will love your EV. I've had a Volt for eight years and it's as much fun to drive
OMGWTF
Jun 2022
#59
Exception, 19 SA citizens haven't ran into any skyscrapers under Biden no? tia
uponit7771
Jun 2022
#44
and they're using 1500 radio stations to blame everything on biden, as usual, and
certainot
Jun 2022
#13
yes and after it's been repeated millions of times on 1500 radio stations.........
certainot
Jun 2022
#106
i really think it would help to investigate its use by putin, going back at least to 2008 when
certainot
Jun 2022
#109
and they're counting on the American people being too stupid to know that.
New Breed Leader
Jun 2022
#56
I've been saying this for MONTHS. Funny the price at Quik Trip where I live hasn't dropped a cent...
Bengus81
Jun 2022
#72
Of course they are. But, too many people are too clueless to even suspect that.
Dark n Stormy Knight
Jun 2022
#76
Won't Work, because Trump is the world's worst enemy now. Republicans don't have a chance in Nov.
Stuart G
Jun 2022
#85
The real elephant in our room is that this applies to most goods and services....
KY_EnviroGuy
Jun 2022
#95
