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Higher oil costs = higher oil retail prices. It's the record oil company profits part that I'm not too clear on.

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Some of them own wells too. If the cost of production is low, and it is for a lot of them, the profit on that end is very high.

It's ok with me though because I have oil stocks in my IRA and 401k.

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"Democracy is the theory that the common people know what they want, and deserve to get it good and hard." -- H.L. Mencken

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