Tuesday, April 18, 2006

US to watch for gas price-gouging: Bush - Yahoo! News
Don't you feel relieved now? W. is watching those nasty oil companies for you. In the words of Supreme Court Justice Antonin Scalia, "Give me a break!" If it is like Bush says, that tight oil supply and increasing demand drive up prices, how come oil companies are posting record profits for the last few years? I could see record revenues, but no, these are record PROFITS. That has nothing to do with supply and demand or a true cost push to prices.

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