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Economy

louis-t

(23,820 posts)

10. I still think the oil companies did it to screw Dems before election.

Reply to podex101 (Original post)

Wed Nov 23, 2022, 12:42 PM

Nov 2022

They were not happy that Dems wanted to tax their massive windfall profits. And they are not happy with competition from alternative fuels which Dems promote. That being said, up to 70% of the price of a barrel of oil is controlled by speculators in the commodities market.

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Gas Prices [View all] podex101 Nov 2022 OP

The midterms are over. Meadowoak Nov 2022 #1

Gas prices going down here since Halloween. niyad Nov 2022 #2

Global economic slowdown MichMan Nov 2022 #3

Yeah, I have an MBA, too. The degree means little unless Better Days Ahoy Nov 2022 #4

I propose a 20% federal tax on all campaign media spending, dedicated to election admin., Alexander Of Assyria Nov 2022 #5

there is no sanity to even local pricing... getagrip_already Nov 2022 #6

Why would anyone pay 50 cents more a gallon than a nearby station? MichMan Nov 2022 #8

tell that to mobil, exxxon, or any of the other chain stations out there..... getagrip_already Nov 2022 #9

There prices will depend on how much they paid for the gas they currently have in the ground DetroitLegalBeagle Nov 2022 #13

Corporations hide bad behavior in election seasons. SalamanderSleeps Nov 2022 #7

I still think the oil companies did it to screw Dems before election. louis-t Nov 2022 #10

The oil market is nuts, we'd worry about you if you understood it Warpy Nov 2022 #11

Oil companies lowered prices for the holiday so people don't curse them all weekend bucolic_frolic Nov 2022 #12