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PJ, all that "big oil" conspiracy talk is bull chips.
Oil costs them how much a barrel? Let's say $66 for argument's sake. There are 33 gallons in a barel of crude, so they are paying $2 a gallon for it. Now they have to pay to ship it to the US (liberals and environmentalists won't let us drill here, remember), then transport it to the refineries (which are shackled hand and foot by liberals and conservationists ;aws) then they refine it. Which isn't free. They have to build the refinery and pay union wages to those who work there.
That barrel of crude doesn't make 33 gallons of gasoline. Even if it could, where do you think jet fuel, diesel, heating oil, plastics and even medicines come from, huh? Crude oil, bud.
So they end up paying more than $2 a gallon for the gasoline they refine.
Now, they have to pay to ship it to service stations. The poor guy who owns the station has to feed his kids (and pay taxes!) so that gets added to what you pay at the pump.
'Scuse me, but where's the huge profit?
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