This is because profits for those companies have been in the tank for the past seven years. Derp.
That's fine. Just say you're raising your prices to increase your profits. Just don't blame "inflation".
Then next time you go shopping, don't bitch about higher prices. Just tell yourself these are smart increases from smart people.
I don't know man. I got a lot of hangups with tax policies used to address short term assholery, the precedents they set, who uses them down the line, etc. Some legitimate wonk on the issues of "Windfall Profits" needs to post in, not on a emotional level but with the issues and arguments in general, not just to attack the oil industry. I see what you are saying and like it no better than you, but hesitant to ask for more intervention from this administration on it. I voted for Joe, but he and his administration fk up a lot, on a lot of different crap, often in the way they go about it. Makes me hesitant to ask, as afraid of what we might get or what it means, down the road.
