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History repeats itself . . . .
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Jun 26, 2022 08:42:13   #
Rathyatra Loc: Southport, United Kingdom
 
But in a more modern way!!



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Jun 26, 2022 08:46:29   #
jerryc41 Loc: Catskill Mts of NY
 
Rathyatra wrote:
But in a more modern way!!


Yes, it sort of repeats. In the old days, the law went after the robbers. Today, the law protects them.

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Jun 26, 2022 08:55:47   #
jaymatt Loc: Alexandria, Indiana
 

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Jun 26, 2022 09:01:45   #
Bigmike1 Loc: I am from Gaffney, S.C. but live in Utah.
 
Yep! I only hope we can survive.

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Jun 26, 2022 09:41:45   #
Rashid Abdu Loc: Ohio
 
Yes, history repeats itself. We repeat the same mistakes, again and again.

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Jun 26, 2022 10:51:39   #
bikinkawboy Loc: north central Missouri
 
I find it interesting that any time there isn’t enough gas to go around, oil companies make record profits. Wouldn’t you think that if lack of supply is truly the problem, their income would be down because they have less product to sell?

This has happened repeatedly over the years. They claim that they need those profits to go find more oil, but invariably the next shortage is just around the corner. Considering they can make more money selling less product, surely they wouldn’t be manufacturing the shortage would they?

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Jun 26, 2022 13:31:40   #
RiJoRi Loc: Sandy Ridge, NC
 
jerryc41 wrote:
Yes, it sort of repeats. In the old days, the law went after the robbers. Today, the law protects them.

Well, if the lawmakers are getting "a piece of the action" (a.k.a. taxes)...

--Rich

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Jun 26, 2022 13:54:21   #
rmorrison1116 Loc: Near Valley Forge, Pennsylvania
 
bikinkawboy wrote:
I find it interesting that any time there isn’t enough gas to go around, oil companies make record profits. Wouldn’t you think that if lack of supply is truly the problem, their income would be down because they have less product to sell?

This has happened repeatedly over the years. They claim that they need those profits to go find more oil, but invariably the next shortage is just around the corner. Considering they can make more money selling less product, surely they wouldn’t be manufacturing the shortage would they?
I find it interesting that any time there isn’t en... (show quote)


I have had absolutely no problem buying gasoline, except for the price. I've not had to wait in any lines or have been restricted to buying less gasoline than I usually do. There is no shortage, just oil company greed.

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Jun 26, 2022 14:00:57   #
rmorrison1116 Loc: Near Valley Forge, Pennsylvania
 
RiJoRi wrote:
Well, if the lawmakers are getting "a piece of the action" (a.k.a. taxes)...

--Rich


The highway robbery the oil companies are getting away with have nothing to do with taxes.

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Jun 26, 2022 14:06:38   #
Rathyatra Loc: Southport, United Kingdom
 
jerryc41 wrote:
Yes, it sort of repeats. In the old days, the law went after the robbers. Today, the law protects them.



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Jun 26, 2022 14:09:49   #
Rathyatra Loc: Southport, United Kingdom
 
bikinkawboy wrote:
I find it interesting that any time there isn’t enough gas to go around, oil companies make record profits. Wouldn’t you think that if lack of supply is truly the problem, their income would be down because they have less product to sell?

This has happened repeatedly over the years. They claim that they need those profits to go find more oil, but invariably the next shortage is just around the corner. Considering they can make more money selling less product, surely they wouldn’t be manufacturing the shortage would they?
I find it interesting that any time there isn’t en... (show quote)


Some of the energy companies have made as much as £4.5 Billion and say they are embarrassed as they do not know what to do with it?? The ir have been demands for a windfall tax to be applied and that has now been taken up by the government due to the pressure they have received from consumers and political parties.

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Jun 27, 2022 07:03:40   #
bobmcculloch Loc: NYC, NY
 

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Jun 27, 2022 08:16:26   #
HamB
 
Supply and demand...
There is limited supply and great demand...
Increase supply and price goes down
Econ101

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Jun 27, 2022 08:22:37   #
junglejim1949 Loc: Sacramento,CA
 
Rathyatra wrote:
But in a more modern way!!


Thanks for the morning laugh 😃

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Jun 27, 2022 09:02:15   #
raymondh Loc: Walker, MI
 

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