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None of the $130 per barrel oil has reached a refinery yet. We are being gouged.

Gas prices are up 50 cents in a week. That's hundreds of millions a dollar a day for US oil companies. But none of them have had their costs go up remotely close to that. Oil companies are making record profits and giving billions to wealthy stock owners as buybacks.

We need a gas price freeze. It’s time for oil companies to pay for both their subsidies and they're gouging us over years. Let them pay for a change. Let their CEOs, Execs, Board, and stockholders suffer for a year or so. They won’t go broke like truckers, taxis, Lyft, etc.

It’s time to double down on going green. The cost of wind and sun is always the same. FREE. If the United States were 50% green it would be energy independent.
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DeWayfarer · 61-69, M
What is totally ridiculous is the profits are far bigger than you are saying!

Your 3% figure is what comes from Russia before the ban. We actually still export more than we import!

https://www.eia.gov/energyexplained/oil-and-petroleum-products/imports-and-exports.php

The United States became a net annual petroleum exporter in 2020 In 2020, the United States exported about 8.51 MMb/d and imported about 7.86 MMb/d of petroleum 1, making the United States a net annual petroleum exporter for the first time since at least 1949


The price for our oil is unaffordable though and why we export it! It's cheaper to import foreign oil!

If we actually were to use our oil the prices would go up even more!