Talk of The Villages Florida - View Single Post - Recession or No, Where do We go?
View Single Post
 
Old 07-31-2022, 08:05 PM
Topspinmo's Avatar
Topspinmo Topspinmo is offline
Sage
Join Date: Dec 2012
Location: Somewhere over the rainbow
Posts: 15,126
Thanks: 7,604
Thanked 6,256 Times in 3,227 Posts
Default

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.
Stock market controls price of crud oil not Exxon or chevron or any other company.