Recently, Ronald D. White of the Los Angeles Times quoted UCAN in a story that said "Oil companies are making more money and less fuel."  It sounds counterintuitive - if you make fewer "widgets" then you should make less money, right?  Wrong. Get the Full Story. 

In a surprise announcement today, the CEO of Exxon Mobil, the world's largest corporation, and and Lloyd Blankfein, head of the investment giant Goldman Sachs, announced a new strategic alliance that could send oil prices tumbling.

We must ask the question: Why the silence of the University of Chicago?  Yes, Good Morning America's annual boycotting of UCAN's annual Big Oil Hog event is predictable, but the stewards of the "Chicago School" of econmics are notable in their lack of commentary on the the Big Oil Hog's amazing predictions. Could it be academic jealousy of the predictions made by the ultimate capitalist swine? More.

In "Economics" prices for goods and services, such as oil and gasoline, are set by the immutable laws of Supply and Demand, where the competitor who brings the most to the market for the least amount of money is the winner (think Walmart). Unfortunately, the "economics" theory does not predict price movements accurately for commodities that are  being manipulated. For this, we need to understand the relatively new discipline known as "gougeonomics." In a gougeonomy, the player who brings the least amount of power to the market at the highest price wins. Learn more about gougeonomics.