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Originally Posted by David - PG
Back when oil used to be around $25 a barrel the oil companies were bleeding from their eyes and barely made a profit. Did they cry and asking to receive any funding from the public so they can stay in business, so they avoid losses? No, never. Not for a single dollar.
Now they are banking, people call for regulation and socialist-style governmental control of an entire industry.
Go figure.
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Yes they did, they received tax insentives and Im pretty sure they still do.
But last I checked, gas/oil price isnt set by oil companies, the speculators on Wall Street set the price. I'm pissed at what I'm paying at the pump but lets start laying some of the blame on the pople who deserve it.