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To think the oil companies and refineries will raise production when they are making record profits in the short term.
Ask any businessman that question. It costs millions to drill for oil, and that’s money upfront.
They just paid over 100 million for oil company executive bonuses.
Exxon doubled their profits for the year. Combined, all oil companies profit has increased 300 percent.
Highest in over 70 years. Until demand goes down, because people say no more, oil companies will continue to raise prices.
If we didn’t buy gas for a week, the prices would plummet. Guaranteed!
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