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It should be noted that Biden and Democrats generally are getting blamed for this, but the House passed a measure today to address price-gouging by oil companie
by Bud 4y ago
It should be noted that Biden and Democrats generally are getting blamed for this, but the House passed a measure today to address price-gouging by oil companies, and every single Republican voted against it.
Meanwhile, the oil companies are making substantially higher profits during this crisis.
Hard for the political system to address issues like this if we as a society are completely getting it wrong about who is exacerbating the problem, versus who is trying to solve it.
- toolz 4y agoI agree that blame is misplaced on the executive branch, but simply saying "oil companies are price gouging" is too simplistic for me to take seriously. EU has placed major sanctions on Russia, which historically has been the largest oil import source. Supply has gone and will go down tremendously. To suggest oil companies are artificially colluding to price gouge together would take more than "just look at their profits". I'm definitely open to seeing more serious investigation.
- akmarinov 4y agoOdds are Republicans will control all branches in a couple of years and for once will inherit a crisis for a change. Interesting to see how they legislate out of it.