Yeah, they didn't spend any more money producing while demand went up. Archived Message Posted by doubledown on June 3, 2022, 9:12:35, in reply to "Who could have ever seen this coming??? Top 5 oil companies tripled their profit in 1Q2022" This is what leaving oil behind initially looks like. Previous Message https://www.americanprogress.org/article/these-top-5-oil-companies-just-raked-in-35-billion-while-americans-pay-more-at-the-pump/ Message Thread: | This response ↓ Who could have ever seen this coming??? Top 5 oil companies tripled their profit in 1Q2022 - GrandmotherPearlsJam June 3, 2022, 9:05:04 There's almost a cut and paste example from WW2 but no one's smart enough to... - LeatherneckIllini June 3, 2022, 11:10:23 Maybe we shouldn't give these #### faces $6T in subisdies* - longsnapper June 3, 2022, 10:03:22 It’s kind of a self fulfilling prophecy - snipes824 June 3, 2022, 10:13:53 it's a multi-faceted problem - VIV June 3, 2022, 9:55:24 Don’t tell that to anyone on the right - TarheelIllini June 3, 2022, 10:18:20 don't tell it to anybody, really. people want to assess blame somewhere and it's not that easy* - VIV June 3, 2022, 10:21:28 yeah, every major politician is in bed with the oil companies.* - longsnapper June 3, 2022, 10:24:38 what a fun, sexy time for them?* - ATL June 3, 2022, 10:35:38 It’s the same thing across any industry pretty much - snipes824 June 3, 2022, 9:39:24 Yeah, they didn't spend any more money producing while demand went up. - doubledown June 3, 2022, 9:12:35 If only there was something that could be done about it... - longsnapper June 3, 2022, 9:12:21 The bill didn't even comment on these top 5 oil companies - OrangeSox June 3, 2022, 9:22:08 Of note - that picture shows four SUVs and one sedan at the gas station.* - ghost_of_clt June 3, 2022, 9:09:14 At least they're smart enough to buy it from Costco!* - ATL June 3, 2022, 9:12:24 hopefully using the Costco Visa too!* - Dilbert June 3, 2022, 9:20:08 4%!* - ATL June 3, 2022, 9:47:14 how dare they!* - Dilbert June 3, 2022, 9:09:06 I'm not saying their not allowed to make profits, but gas prices in Charlotte right now are $4.40 - GrandmotherPearlsJam June 3, 2022, 9:17:09 $4.49 in raleigh* - TarheelIllini June 3, 2022, 9:28:48 It's a commodity. The people screwing over the vehicle driving public, - doubledown June 3, 2022, 9:21:13 The other part of that equation is supply. These companies are happy to keep supply the same so they - GrandmotherPearlsJam June 3, 2022, 9:27:09 "biblical losses"* - torinese June 3, 2022, 14:30:27 it's unfortunately not like a faucet where you can turn it on and off - VIV June 3, 2022, 9:58:36 Do you think they're colluding? Or just responding to market incentives? * - doubledown June 3, 2022, 9:32:01 They have a long history of collusion, so I expect they are colluding. - larue33 June 3, 2022, 10:22:49 but I mean nothing to her and I don't know why...* - longsnapper June 3, 2022, 10:24:02 Nice vertical horizon reference * - TarheelIllini June 3, 2022, 14:55:12 I think they know that we as a society can't get away from driving cars and are taking advantage of - GrandmotherPearlsJam June 3, 2022, 9:42:20 if people just let me run the world, we'd be free from our fossil fuel shackles* - longsnapper June 3, 2022, 10:04:09 Deere reports huge profits! Also announces move of production to Mexico - gvibes June 3, 2022, 9:31:21 But that's not fair!* - ghost_of_clt June 3, 2022, 9:25:01 today is not Q1 fyi* - Dilbert June 3, 2022, 9:19:48 Way to miss the point* - GrandmotherPearlsJam June 3, 2022, 9:23:52 did I though?* - Dilbert June 3, 2022, 9:27:15 yes* - suburbanmyth June 3, 2022, 9:28:59 explain the timing difference to me then - Dilbert June 3, 2022, 9:32:22   Searching