Friday, March 17, 2006

It's gouging time again!

Well - gasoline prices are up again and it puts me in the mindset to rant about the gouging we get from the oil companies.

They claim that the reason they don't lower the price of gasoline immediately following a drop in oil prices is that they've already bought massive quantities of higher priced oil, which must be refined first. Once the expensive oil is processed, the price of gasoline will eventually come down. OK, so then why is it that as soon as oil prices go up - the price of gasoline follows almost immediately? What - you ran out of the cheap oil so quickly? Come on! We're not that dumb. Or maybe we are....

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