I think that they are reaping large profits at a time when consumers are suffering.
Prove me wrong.
Fiona Hill: "The president was trying to stage a coup"
- Thread starter annabenedetti
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Prove me wrong.
Then why are you whining about high prices?
They are not making as much profit as leftists dishonestly claim. Besides that, public schools and municipalities are heavily invested in businesses like oil companies, and stripping the companies of profits not only endangers the viability of the businesses but also damages the financial futures of cities and schools.
Oil companies have always made profits if they survived through the years, but they did not jack up their prices after Biden took office. The increase in prices can only be explained by a decrease in availability caused by leftist democrat opposition to fuels. When Biden blames the oil companies for price increases he is responsible for he is lying and deceiving like a devil.
Oil prices are set by the global market, global demand, and global events--all of which you are incapable of understanding. You are clueless.
We all know why you're running away from your original statement.
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So oil companies do not unilaterally set the price... got it.
Hilarious.
Nope. By committees and collusion. Remember how you were screaming a minute ago about big corporations making profits "at the expense of consumers"?
1. I'm not sure of any other way to make a profit other than by people paying for a company's product.
2. Inflation does the opposite of helping to increase profit.
3. Big companies are indeed engaged in immoral activity, as you are seeking to imply, but they do it by colluding with politicians, not because — as you were just screeching — normal business practice is bad.
Got it? Good. Because I never said that oil companies do unilaterally set the price of oil.
Explain to us how are corporations making large profits at a time when inflation is so high.
By throttling back American energy production, foreign oil producers were free to raise prices. If you want to blame foreign oil companies for price gouging you can do that but you should still admit Biden gave them the reduced competition that allowed them to do that.
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Because our government has artificially reduced supplies, which pushes the prices up.
In an inflationary market, every business must raise prices to remain profitable. When costs of raw materials rise because of inflation, costs of goods and services must also rise if businesses hope to remain in business.
Biden "throttled back American energy production"? Prove it.
Has anyone ever told you about the Keystone Pipeline or Obama's and Biden's plan to bankrupt American coal companies?
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Did you not hear Biden say "no more drilling"?
Neither of which have anything to do with oil production or oil prices...
Post the direct quote and cite your source.
No more drilling where?