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Meanwhile, oil and gas company profits are absolutely booming. It's just price gouging.
by WalterGR 4y ago
Meanwhile, oil and gas company profits are absolutely booming. It's just price gouging.
- deleted 4y ago[deleted]
- verdverm 4y agowho exactly is setting the price of oil? I thought it was a market driven largely by supply and demand?
- WalterGR 4y agoI mean, at the end of the day, the companies and individuals that own gas stations. But to answer the meat of your question: I believe the largest components of the price are OPEC and the oil & gas companies.
- WalterGR 4y ago(Too late to edit the above: I read "gas" instead of "oil" in your question, so ignore the first sentence.)