Who can forget all the hand-wringing by elected officials over the “record profits” of the [Big] Oil companies during the recent supply/demand crunch?
So now that gas prices are dropping dramatically and oil is less than $80 per barrel, where is the praise to the oil companies for not gouging the customer? I’ll bet I don’t even have to look too closely to find out that their margin is still pretty close to the same – a number no doubt established by the market and competition.
I have to wonder whether the liberals are still targeting the oil companies specifically for a windfall profits tax – whatever that really is.
