The Mudcat Café TM
Thread #114364   Message #2439633
Posted By: Sandy Mc Lean
13-Sep-08 - 09:27 PM
Thread Name: BS: Gas Gouging
Subject: BS: Gas Gouging
With elections comming up in Canada and the USA the politicians are refraining from kissing big oil executive's arses and some are even admitting that we are being ripped. However so far they are doing nothing to stop it except blowing steam. Crude has dropped 40% over recent weeks but gas and diesel have dropped much less. The reason "big oil" gives is that it takes time for the crude to work through the system. When a storm hits Texas prices jump to record levels almost instantly. Nothing delayed while it works through the system there! In Quebec recently the oil executives were fined about 2 million for price fixing but there was no followup anywhere else.
We are being robbed !!!!