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2006/11/8-10 [Science/GlobalWarming] UID:45275 Activity:nil |
11/8 It turned out that energy and oil companies like Chevron paid over 100 million dollars to anti Prop 87 TV ads. Will they take that as a loss, or will we as consumers have to pay them back 100 million dollars at the pumps? \_ It will be booked as a lobbying expense. It's not so simple as "raise prices to recover $100M", but it has a negative effect on profit margins and will encourage them to raise prices to compensate |
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