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There is really only one organization that price fixes oil and it's OPEC. Any individual oil and gas company has literally zero influence on the price of oil an

• LetsGetTechnicl 4y ago
  That can't be true if the price of a gallon of gas varies even between gas stations in the same area. Sure there's local, state and national taxes and other fees, but it's clear that gas companies are adding on top of their costs otherwise they wouldn't be turning a profit. "Inflation" is also the perfect cover to raise prices, and it's true of other industries
  • JamesBarney 4y ago
    There is the argument they are price fixing which is not true. There is an argument they are turning a profit. Which is true. But when oil prices are low they lose money hand over fist and lay off most of their workforce. They have to make enough money in the good years to cover the bad years.