Since I routinely drive at least 50 miles a day round trip to work, I pay very close attention to the price of oil and gasoline. The cost of gasoline has skyrocketed, going up nearly 40 cents a gallon in the last month while the cost of oil has risen, but not as much.
I REFUSE to believe the oil companies are not price gouging. I believe completely the oil companies are sticking it to us because they know their good ole oil buddies Cheney and Dubya are not going to do a damn thing about it.
I'm tired of listening to the oil company defenders claiming supply and demand. The US govt. has been stockpiling oil like crazy for years, a practice that just happens to keep the price high. Oil stockpiles in the US are at a 10 year high, while gasoline stockpiles are well above average. But as the oil companies reap huge profits (Exxon made more last year than any company in history and is now at the top of the Fortune 500 list, with profits up a staggering 42%), Dubya refuses to hear any talk of releasing some of the stockpiled gasoline to help ease prices for us everyday folks.
Too bad education doesn't have friends in high places like the oil companies.