Climate Quote by Major Owens
“Even if gas prices fall, consumers will continue to be gouged at the pump the only thing that we can be sure rises faster that the price of gasoline is the skyrocketing profits of oil companies.”
About This Quote
Source Speech: Economic policy forum, 2015
Even if gas prices drop, oil companies’ profits keep rising, meaning consumers still pay high prices.
In simple terms: Oil profits outpace gas price drops, hurting consumers.
Watch for hidden profit increases.
Themes
Mood
Type
When to use this quote
- budget planning
- advocacy
- energy policy analysis
Key Concepts
Questions to Reflect On
- What policies could curb excessive oil profits?
- How do consumers protect themselves?
Profit motives can obscure true cost benefits.