[jkarolyi]

So after all the whiny liberals (Speeder) finished whining about gas prices, what have we learned. Gas is not nearly as high as it was in 1980, and those big bad evil oil companies (ones you can buy stock in if you want to share in their supposed wealth) are making record profits.

It doesn't take an economics professor to tell you that when the demand of a product goes up, so do the profits of the companies selling that product. Look at the housebuilding companies...same record profits because houses are in demand. Oil companies take a percentage of the gas prices we pay as profit...when oil prices rise due to demand (EDIT or political instability), their profits go up the same percentage.

If you want to blame anyone, blame the millions of soccer moms and commuters driving Suburbans alone to work. Supply and demand, folks, nothing more.
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Speeder's favorite flipper