To be fair, if global oil prices plummeted, with the cost of gasoline much lower, and the oil companies were losing billions, would you want to send me them a rebate check?
That is simply not true.
Oil companies are not “losing” money. Their margins have been pretty much the same for decades. And the oil they are selling today was extracted and refined before this stuff started.
I am not an “oil is bad” guy. I have no problem with them making money. But I also know that because of the global nature of the market the price of oil going up is going to profit them…and not me. (Unless I own Exxon stock, obviously.)