Hillbilly wisdom: Oil revenue is setting records because the oil companies have structured themselves for every contingency. As explained by one oil company CEO: first, the shortage was jet fuel and now the shortage will be diesel and gas. Second, profits are the results of correctly positioning the company for the world’s needs.

There is no direct link between campaign contributions to the president and the entry into the war; avoidance of peace talks; expansion to other countries; or the escalation on the battle field. These are unrelated factors but each of these factors support the profits to be made if the war continues. The war is doing well for profit takers.

There is no real consideration of peace. Peace if it comes will mean a return to normal profits. Normal profits are profits but not the current level of returns on investment currently being enjoyed.

Normal profits are the difference between selling price and cost of production. In a bargain both parties agree upon the price. Record profits usually mean the agreement is not between equal participants but rather one party offers and the other party can take it or do without. Yes, the price is set by the world market. Or Yes, the price is set by those who have control of the product. Gotta love capitalism, socialism, or communism. Those “ism” are political systems. A political system run by greedy people may produce wealth but a country run by a few rich people is not a rich country.