Barrel of oil
Week ago: $128
Gallon of gas
Week ago: $4.17
Oil company profits are at 7-year highs, they get $180 billion a year in government subsidies and they’re issuing $88 billion in buybacks/dividends this year.
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Do the math.
See also House passes updated version of the Senate budget, which includes $34.2 million in capital project earmarks for House Majority members "Amazing how fast the House majority abandoned the bigger dividend today. That issue seems to have just died. $35 million goes a long way!"
Oil prices t.co/bImxm9Mxok
Gas prices t.co/HjxTlFlNIU
Oil company profits t.co/r2DolbZdde
Oil company subsidies t.co/3808L87kcY
Oil company buybacks/dividends t.co/zVc22RxXhD
— Dan Price (@DanPriceSeattle) March 15, 2022