Quote:
Originally Posted by imagesinthewind
Since we truck everything across the country (though we have a very good RR system in this country) loads of diesel gets used.
The oil companies had an epiphany that raising the price of diesel would make them more money and BIG Oil is still bigger than the Teamsters so Big Oil Wins!
I think the price of diesel is the bigger reason Exxon-Mobil made $36B in profits last year.
Thirty Six BILLION in profit. Let that roll around the mouth for a minute or two. 36 BILLION. Wow, boggles my puny mind.
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That's a scary huge number. Many people in government are also undoubtedly reaping benefits, or else there would be some sort of regulation on energy prices to keep things a little more realistic... lets face it, where are those 36B$ profits actually going? I highly doubt it is going to improving energy technology...