02-01-2023, 12:13 AM
Cheapest gas is never in Pahoa, or Keaau, or Hilo. It's in the hands of oil company executives and shareholders.
If you compare the price of crude oil with refined gasoline, gas has never returned to the point it was before gas companies gouged you the most.
Does Paul's in Pahoa make record high windfall profits? It's doubtful. Nor do any other local gas stations. They sell Twinkies, cigarettes, and potato chips just to make a living alongside the 5 cents a gallon or so Big Oil bestows upon them for the privilege of pumping their product. Their suppliers? They made BILLIONS. Again. Even more billions than last time.
Oil companies made record profits once again last year, while their enablers at False News try and get you to believe they're barely scraping by, and need those government subsidies to drill holes in the ground.
Exxon Mobil Corp (XOM.N) posted a $56 billion net profit for 2022, the company said on Tuesday, taking home about $6.3 million per hour last year, and setting not only a company record but a historic high for the Western oil industry.
https://www.reuters.com/business/energy/...023-01-31/
When you pump gas, buy something from inside the store if the station is locally owned. So they can make a living. Don't use the company credit card unless you pay it off every month.
If you compare the price of crude oil with refined gasoline, gas has never returned to the point it was before gas companies gouged you the most.
Does Paul's in Pahoa make record high windfall profits? It's doubtful. Nor do any other local gas stations. They sell Twinkies, cigarettes, and potato chips just to make a living alongside the 5 cents a gallon or so Big Oil bestows upon them for the privilege of pumping their product. Their suppliers? They made BILLIONS. Again. Even more billions than last time.
Oil companies made record profits once again last year, while their enablers at False News try and get you to believe they're barely scraping by, and need those government subsidies to drill holes in the ground.
Exxon Mobil Corp (XOM.N) posted a $56 billion net profit for 2022, the company said on Tuesday, taking home about $6.3 million per hour last year, and setting not only a company record but a historic high for the Western oil industry.
https://www.reuters.com/business/energy/...023-01-31/
When you pump gas, buy something from inside the store if the station is locally owned. So they can make a living. Don't use the company credit card unless you pay it off every month.