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I think majority of the profits come from extracting the oil from the ground, much less from refining (more competetive - everyone can just build more refinerie
by badpun 5mo ago
I think majority of the profits come from extracting the oil from the ground, much less from refining (more competetive - everyone can just build more refineries if margins become high enough), and the least from retail (gas stations).
- Ajedi32 5mo agoYep. In short, this is an oil shortage, not a gas station shortage.