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Reply to "$7/gallon gas is coming"
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[quote=Anonymous]I'm not sure why so many people are condemning the President when oil companies are raising prices, prioritizing paying dividends to share holders, and raking in huge profits at the expense of the customers. The President has made a bi-partisanly politically popular decision to ban the import of oil from Russia in response to the Russian invasion of Ukraine. But that, and even the closing of the XL pipeline are not the reasons why the price of gasoline is skyrocketing at the pump. The oil companies should be held accountable, not the President. Most other corporations out there, when faced with rising costs, tighten their belts, decrease their profit margins and lower dividend payouts to shareholders in order to minimize the amount they raise the price of their products. Not oil companies. And the oil companies get to skip off scott free and let the politicians take the blame. [twitter]https://twitter.com/EdMarkey/status/1500862313678708744?s=20&t=EE5-e-anDF0woyxUniV1qA[/twitter][/quote]
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