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.

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!"

 

AC

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