Felmy: Dispelling oil price myths
American Petroleum Institute chief economist reviews the facts on oil prices, oil company profits and oil company investments
With escalating gasoline prices hitting people’s pocket books and oil companies reporting record profits, phrases such as “windfall profits tax” and “gasoline price controls” have re-entered political dialogue. But what are the realities of the current oil price situation and are the oil companies r....
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Crude oil supply issues
Do no harm
Markets continue to drive prices
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