The price at the pump

[morphball]

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The question is, are Exxon's profit margins justified by the value they add to consumers?

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How do you know how much value Exxon adds?

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none

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O Rly? Gas isn't worth much to me if it's thousands of miles away.

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If you live in the USA, your food comes from 1500 miles away as well. Do you see farmers and truckers making mad money?

[Nottom]

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The question is, are Exxon's profit margins justified by the value they add to consumers?

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How do you know how much value Exxon adds?

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none

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O Rly? Gas isn't worth much to me if it's thousands of miles away.

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If you live in the USA, your food comes from 1500 miles away as well. Do you see farmers and truckers making mad money?

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Thats a pretty bad example, because people could grow food closer if it were economically feasable to do so.

Basically if food prices got out of hand, I could start my own farm closer to home. I wouldn't be able to grow things like bananas or coffee, but those are really just luxury items and I could get by without them. I would be much less successful trying to put up my own personal oil well.