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Are the oil companies really hurting financially?

Asked by SQUEEKY2 (23120points) August 14th, 2015

Ok, the price of crude oil is way down, that’s a fact and the oil companies are crying, but the price at the pump is still sky high just hit a $1.35 a litre here in B.C that’s $5.10 a gallon for my US friends (price and demand) are they doing as bad as they claim when they are still screwing us at the pump?

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