The oil companies had no less supply and sold the same volume but reaped greater profits. The input price: the cost of refinement of crude oil, remained the same. But the Iran War oil shock did not affect everyone the same. As our guest, economics and antitrust journalist Ben Balint-Kurti, details, it’s hardly just market dynamics at work, it really is simple greed. In the oil crisis of the 70s, President Carter instituted a windfall profits tax. It’s time for that again. if not more measures.