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View Diary: The Oil Companies are like Scorpions: it's in their nature (5 comments)

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  •  GM did a lot of dumb things (0+ / 0-)

    But honestly their biggest thing was that they trusted big oil to keep prices low. Yes, this is a problem of their own making in that they blinded themselves to the obvious, but if you look back they were making record profits with oversized vehicles back when gasoline was cheap.

    So yes, in a way they screwed themselves, but they screwed themselves by trusting the untrustworthy.

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