Gas Prices...

ViciDraco · 2022-11-01T13:30:05-04:00

Price Inflation - Gas Prices...... (16 replies).

https://www.reuters.com/business/energy/bp-smashes-forecasts-with-82-billion-profit-2022-11-01/

This time last year oil was at $89 it did spike in spring after the war started to $116 in May. That's not quite double. That is not even up 50%.

Oil is around $88 right now.

Oil companies are reporting doubling of profits.

And people think politicians are to blame for their pain at the pumps. 🤔

But yes, let's keep up the red team vs. blue team infighting while these corporations continue to bilk people for all they can.

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sunsporter1649 · 70-79, M

Exxon Quarterly Income Taxes

(Millions of US $)

2022-09-30 $5,224
2022-06-30 $6,359
2022-03-31 $2,806
2021-12-31 $2,650
2021-09-30 $2,664
2021-06-30 $1,526
2021-03-31 $796
2020-12-31 $-6,010
2020-09-30 $337
2020-06-30 $-471
2020-03-31 $512
2019-12-31 $684
2019-09-30 $1,474
2019-06-30 $1,241
2019-03-31 $1,883
2018-12-31 $1,915
2018-09-30 $2,634

Whatcha do with all of ExxonMobil taxes paid?

graphite · 61-69, M

@sunsporter1649 Democrats and their elite environmental fanatic policies have caused a doubling of gasoline prices but rather than take actual responsibility, they'd rather point fingers at the "greedy oil companies!"

ViciDraco · 41-45, M

@sunsporter1649 and this is relevant to the original post how?

Let's stay on topic here. At least @graphite tried to point at something increasing costs that would be passed on to consumers. Though the direction he is pointing blame is completely fallacious, he's at least on topic.

sunsporter1649 · 70-79, M

@ViciDraco You telling me the oil companies did not pay any taxes on the product they created and sold?

ViciDraco · 41-45, M

@sunsporter1649 I'm telling you it's irrelevant to the topic of the post.

sunsporter1649 · 70-79, M

@ViciDraco bullschiff