Tuesday, April 25, 2006

Ask This > How the refiners are profiting from your pain

Sorry bastards!

Whatever they get, eventually, they deserve, and it won't be tons of money.

Nieman Watchdog > Ask This > How the refiners are profiting from your pain:

". Could reduced gasoline inventories be contributing to sharp spikes in the price at the pump?

Q. Who profits from the consumer pain that these spikes cause?

Q. Could there be collusion at work here?

Q. What could or should the government do?

Gasoline is made from crude oil, and the price of crude oil accounts for about 60 percent of the price of gasoline. Our questions are about the other 40 percent, and the role of gasoline inventories."

The government isn't going to do a damn thing. It is up to us!

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