Craig Cox

@JeffBezos I highly doubt that in the entire chain from production to refining to midstream to gas stations there is not significant margin being baked in right now. Unless every company at every stage is operating at or below historical levels of profit margins, then Biden is right.

Ouch. Inflation is far too important a problem for the White House to keep making statements like this. It’s either straight ahead misdirection or a deep misunderstanding of basic market dynamics.