Guess those high windfall profits aren’t sustainable for Exxon Mobile. According to CNN, Exxon Mobile is closing 2,220 of its company-owned gas stations, saying that they can’t make enough money on those stations to keep them operational, even with $4 gas. That can’t be right. The Democrats tell us that big oil continues to soak the little guy on gas prices to line their own pockets. If there’s a unending stream of revenue to the oil companies, then why does Exxon Mobile have to close these stations?
Drill here. Drill now. Pay less. What are we waiting for? There should be reasonable environmental regulations on drilling, but it makes no sense to beg other countries like Saudi Arabia to increase production when we aren’t willing to use the resources we already have in this country.