Vindication
FTC Investigates gas price profiteering -- Reuters.com
Well it's about damn time somebody looked into these insane gasoline prices. For a few months, I thought I was one of maybe 12,765 people that thought refineries were offline on purpose so oil companies' profits would rise by keeping gas high during the busy summer season.
I posted this on August 5 of this year:
Now I see I am not alone in my suspicions, thank god...
Well it's about damn time somebody looked into these insane gasoline prices. For a few months, I thought I was one of maybe 12,765 people that thought refineries were offline on purpose so oil companies' profits would rise by keeping gas high during the busy summer season.
I posted this on August 5 of this year:
It seems...that all these refineries are not re-opening arbitrarily. The oil companies see that summer is a big gas consumption time and why should they reopen if no one is complaining about gas prices? I mean, a nickel more for gas for us means MILLIONS more for them in profit since they get a percentage from pump prices and not a set amount per gallon.
Now I see I am not alone in my suspicions, thank god...
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