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re: New oil tax being proposed

Posted on 3/11/22 at 11:25 am to
Posted by ragincajun03
Member since Nov 2007
21419 posts
Posted on 3/11/22 at 11:25 am to
quote:

so that large companies like Exxon Mobil Corp. and Chevron Corp., cannot raise prices without the threat of losing market share


Wait a second.

If the evil “big oil” companies can simply raise the price of oil whenever they want, then why the hell did they “let” it go into the teens and single digits in April 2020? Was it all just for fun and games?

I need a bit more of an explanation from her team of experts who are no doubt well versed in the energy markets.
This post was edited on 3/11/22 at 11:27 am
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