Exactly.
Dave Levitan @davelevitan
8 Mar 2022
What if, instead of gas prices going up for everybody, oil companies simply made less money

Mar 9, 2022 · 10:43 AM UTC

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Replying to @marwilliamson
Oil companies ROI is less than half that of Apple and Microsoft. Give up your iPhone, Marianne.
Replying to @marwilliamson
barrons.com/articles/exxon-m…
Replying to @marwilliamson
Get real! 1st Do some math for the impact on the commute costs for typical family. This is absolutely unnecessary pandering to special interest w/o any beneficial effect on environment
Replying to @marwilliamson
Marianne, the aspiring dictator, thinks her “good intentions” will make the world a utopia. So naive and self-righteous that she can’t possibly see her own hubris. Course in Miracles is 🚫 the communist manifesto! The world is a lie. Focus on overcoming the world, not fixing it.
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Replying to @marwilliamson
Ed Markey
 @EdMarkey
7 Mar 2022
Here's a fact you won't hear on Fox News today. Exxon, Chevron, and Conoco made $46 billion in profit in 2021. Now they're using 40% of those profits for stock buybacks. Big Oil is raking it in, raising prices, and taking advantage of the war in Ukraine to push for more drilling.
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Replying to @marwilliamson
Capital intensive business, oversized profits when things are "good" and huge losses when things are not for them. Without the capital, output will shrink over time and substitutes at scale may not exist. Will hurt a lot of people. See Venezuela as an example of loss of capital.
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Replying to @marwilliamson
Don't be so goddamn naive
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Replying to @marwilliamson
And then Americans would make more
Replying to @marwilliamson
When the cost of real estate is 600,000 for a 3 bd house Americans need to stop making an average of 45k -52k a year. That’s insanity. Who controls the housing prices? Who controls the banks from lending 30 years at 4.32APR and making 3 times on our homes than they should ?
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Replying to @marwilliamson
Why leave any incentive for anyone to do anything at all? If we did what you advocate nobody would get out of bed to take a piss in the morning.
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