Worse than you think

Every one is disturbed but I don't see any analysis. If you track gas prices back to 2003, here locally they were $1.36 a gallon for regular. According to the oil industry's own website material a rise of $1 for a barrel of oil will translate into a rise 2.74 cents per gallon at the pump. OKKKAAY! Using their own figure, gas should be about $1.76 per gallon now.

Add to this that last year the US Oil companies posted the largest profits in history (yes in history) what is going on is clear. One might think that in a market economy, the big oil companies would compete for your dollar and drive prices down. That hasn't happened. Like a highly trained drill team, they turn en masse and their adjusted prices are virtually the same. Hard to believe they aren't communicating and orchestrating this rises. In fact, it is unbelievable. In the US, there are legal statutes concerning this such as the RICO act. Under the RICO act, oil executives found guilty of colluding to price fix would do time in a federal prison.

Well gee, thats nice you say. Then why aren't they in prison? Apparently, your elected representatives only response was to discuss a windfall profit tax which bye the bye would not translate into lower gas prices or rebates to the consumer but merely a place at the trough of these ill gotten gains for the government. Horrors. Check it out. Not one senator or congressman has raised the issue of subjecting the oil companies to the RICO act. Not one. Guess that tells you who they work for and represent now doesn't it.

This will not end until we take back control of our own country.

"Unless the mass retains sufficient control over those entrusted with the powers of their government, these will be perverted to their own oppression, and to the perpetuation of wealth and power in the individuals and their families selected for the trust." Thomas Jefferson

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