Letter: Oil prices and greed
Those complaining about $4-a-gallon of gas are the same ones waiting in their car at the drive-up to pay $5 for a cup of coffee. I wonder how many millions the oil company will pay in bonuses. Is it because they make a better product? No. More efficient? No. More oil found? No. Only by raising the price. A true management tool.
Companies need to make a profit to stay in business (except government) but that is not enough for Wall Street. Wall Street, an organization that doesn't add to the GNP (except maybe IPO). They just trade paper and take a commission.
The next time you think about inflation, think of the greed behind it.
Greg Stimpson
Wood Dale
Article Comments
Guidelines: Keep it civil and on topic; no profanity, vulgarity, slurs or personal attacks. People who harass others or joke about tragedies will be blocked.
If a comment violates these standards or our terms of service, click the "flag" link in the lower-right corner of the comment box. To find our more, read our FAQ.