One week ago oil was $128/brl, today $99/brl; one week ago gas was $4.17/gal, now $4.32/gal

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Barrel of oil
Week ago: $128
Now: $99

Gallon of gas
Week ago: $4.17
Now: $4.32

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.

Do the math.

 

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