Talk of The Villages Florida - View Single Post - Recession or No, Where do We go?
Thread: Recession or No, Where do We go?
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Old 07-31-2022, 12:39 PM
nick demis nick demis is offline
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Quote:
Originally Posted by OrangeBlossomBaby View Post
MOST of the "inflation" has been the rising cost of gasoline. There's your storm right there. Take a look at Exxon and Chevron's RECORD profits this past quarter.

They jacked up the prices because they could, and reaped the rewards while you were all too busy whining about politics to notice.

Prices have been coming down, they're still high but you can get a gallon of gas for just over $3.50 now, compared to the high of $4.85 a month and a half ago for the same octane level at the same gas station.
What about the previous several quarters that they lost money, or doesn't that count?