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It's about OIL prices

Revelation: Oil companies sell oil....billions of barrels of it. When the price of oil skyrockets, so do their profits. (It's identical to a corn farmer making more money when corn prices explode.) Their E&P costs climb minimally, but the value of every barrel pumped keeps going higher. If you check the figures, you'll find that major integrated oil companies make less than ten-percent of their profit from gasoline sales. The R&M side of the business is NOT where the money is!. So no one is getting "screwed," people simply have to pay the market price for a product that is refined from a commodity that's relatively expensive at this time. There are two ways that prices will drop: Increase supply or reduce demand.


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