Oil companies see record profit in Q2 after gas prices reach $5 national average in mid-June

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[idellameyer]

I wonder what the best opportunities to invest now are, there are opinions but a little later I find out these opinions don't matter as a totally different turn of events play out with the stocks they discussed therein...

[leskobrandon]

The thing about inflation, is that it effects everybody. The cost of everything has gone up under the leadership of this wacky administration, so it’s not like a inflation off-switch is applied to oil companies. The cost of transportation, logistics, materials, maintenance, permits, licenses, payroll and everything it takes to operate a functional and safe business now costs more than it previously did. You can’t say their profits have skyrocketed when operational costs have ALSO skyrocketed…oh wait, you guys didn’t think the men and women in the oil industry and all of their partners work for free and are obligated by some weird liberal moral standards to supply free fuel to everyone regardless to how much it cost them to produce it, did you?

[deaster]

Oil is the long short of this decade full stop

[ShoppingWithStyle]

Yes, increase the supply so the gas prices will come down.

[crb]

The more you people vilify honest for profit corporations, the poorer the rest of country will be. Companies have a right to make a profit, jsut like you fools make billions in profit from your ad revenue.