Solved: Economic windfall for the oil companies, Finance Basics

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Economic windfall for the oil companies

Problem:

The price of a barrel of oil has been hovering around $60 resulting in a $2.50/gal gasoline. In the meantime the major oil companies have been making record profits at the expense of the consumer. What are your thoughts on this recent economic windfall for the oil companies and its impact to the economy?

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Finance Basics: Economic windfall for the oil companies

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