Sure thing BooBoo, but the oil companies don't even pay taxes on products that come through free trade zones. Every refinery on the gulf coast is a free trade zone. It's very likely fox and all those right wing talking heads forgot to mention that bit of information.
Did you wipe your ass this morning? Or is that shit perfume you're wearing?
What is wrong with you?
Then you should know this.
Are you saying you still stink from lunch?
Then you know that oil from Canada is brought into free trade zones, is refined, and as long as it leaves that free trade zone to another country, there is no tax paid on the value of refining. Technically, it's as if it never crossed our border. How many billions do you think that rule is worth to oil companies? If they sold the refined oil here, there would be tax payments required. Do you think the multi-national oil companies would pass up that extra money just because the price of gas goes up here?
But prices went down before covid brcause drilling prrmits were given out all over the place. Frackers pushed up supply and drove prices down. Covid and negative oil destroyed them.
