Oil & Inflation

[Iowa 409 Guy]

Billionaire oil refinery owner reveals 'simple' solution to lower inflation

United Refining Company and Gristedes CEO John Catsimatidis stressed the need for North America to be self-sufficient as it pertains to oil.

www.foxbusiness.com

 

[64ss409]

The oil companies are making profits at this price. I doubt that they will want to increase production so they make less per barrel??

 

[Geary Trussell]

The oil companies are ripping us off and they don't care. Close to 100 billion in profits in the first quarter.

 

[Iowa 409 Guy]

The climate hoax believers should be happy oil profits are high. That should reduce consumption.

Get to buying those electric cars. Cure the problem.

 

[64ss409]

I guess I'll have to get an electric semi so I can get a load of coal for my winter heat. Both house and shop have a coal furnace.

 

[Iowa 409 Guy]

How about the coal furnace in Arizona?

 

[64ss409]

How about the coal furnace in Arizona?

Natural gas.