But wherever everyone is getting their info, here's what
they don't want you to know.
1.
Demand for gas is at an all-time low
2. the U.S.'s #1
export to the ROW is oil = your greedy oilmen buddies hate America! lol
3. your greedy
Wall Street speculator buddies, and nothing else, is driving the price of gas up right now
...Gasoline prices are up *despite high supplies and low demand.* According to the Energy Information Administration, the supply of oil and gasoline is greater today than it was three years ago, when the national average price for a gallon of gasoline was just $1.90
Citing a recent report from Goldman Sachs, a major oil speculator, Forbes magazine said excessive oil speculation adds $.56 to the price of a gallon of gas. Exxon Mobil, the Saudi Arabian government, the American Trucking Association, Delta Airlines, the Petroleum Marketers Association of America and the Federal Reserve Bank of St. Louis agree excessive oil speculation significantly increases oil and gasoline prices.
Good golly! It's going to take...gulp...government intervention to curb "free market" exploits so that you (collective)
and I can stop whining about "them" killing us every time we fill up the tank.
"A letter signed by 70 members of Congress told *federal regulators* to enforce provisions of the Wall Street reform law and curb speculation in crude oil markets."
http://www.sanders.senate.gov/newsroom/media/view/?id=7360f2fb-7067-4b0e-bcd8-8a3f9afb70acI'm pro-government intervention in this market. I'd think others would be too if they simply educated themselves.
