And so, look, inflation is a problem. Democrats should lean in to responsibly solving it with intellectually honest solutions. And I think that means like, making our markets more competitive. When you have Shell posted $9 billion in record quarterly profit with 20% profit margins. and they're still able to charge us $6 a gallon at the tank, that's because only a handful of massive oil and gas corporations dominate the market. (17:04–17:20)
CLAIM
Asserts that Shell posted $9 billion in quarterly profit with 20% profit margins.
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