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Re:America produces enough oil to meet its needs, so why do ... by cryptonector on Tuesday March 08, 2022 @04:04PM (#30606931)
They got paid more than their input costs. None were forced to go bankrupt, and most made a profit.
Re:America produces enough oil to meet its needs, so why do ... by not2b on Tuesday March 08, 2022 @07:28PM (#30609418)
Right, and in times where price controls were imposed this principle (you can't force people to operate at a loss, but you can limit price gouging) have been applied.