the Voice of
The Communist League of Revolutionary Workers–Internationalist
“The emancipation of the working class will only be achieved by the working class itself.”
— Karl Marx
March 16, 2026
Not us, as gasoline shoots up 60 cents per gallon and the majority drive to work, or we get stuff that came on a truck, like food and clothing, or even have to fly for work.
The top oil producer in the world is the United States, followed by Saudi Arabia, then Russia, Canada and China. Every hour that oil cannot go through one of the world’s most important shipping lanes is an hour in which the largest oil companies have another excuse to raise their prices, and therefore, their profits.
Within the U.S., Texas is the largest oil-producing state, followed by New Mexico and North Dakota, so the rise in oil prices is ever so nice for their tax base. Not to mention over 400 oil rigs digging up oil night and day in the Gulf of Mexico.
There was a reason ExxonMobil, Chevron, Shell and the other oil majors used to be the richest corporations in the world. As the current war continues, they might beat out those tech stocks that have been speculated up to the top of the stock market. We know who war benefits!