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#1
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The foxes have completed their investigation of who attacked the hen house...
Government says no evidence companies withheld supply, but does find instances of localized price gouging. May 22, 2006: 12:02 PM EDT WASHINGTON (Reuters) - An investigation by U.S. antitrust authorities found no evidence that oil companies illegally manipulated gasoline prices or constrained oil refining operations, the Federal Trade Commission said Monday. However, the agency said it had found 15 examples that fit lawmakers' definition of price-gouging at the "refining, wholesale, or retail level." It said factors like regional and local market trends appeared to explain the pricing in nearly all the cases. Congress ordered the FTC probe last summer as part of a broad energy bill in response to a steady climb in crude oil and gasoline prices. |
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#2
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The hen house is under siege by the rapidly growing, energy hungry economies of China and India...and every one of us who has flipped on a light switch or turned a key in an ignition switch is a fox.
"Big Oil" is no Jabba the Hut...due to exploration, transportation, and refining costs, it is impossible to have the energy industry model itself after Ben & Jerry's Ice Cream. There is no such thing as "Little Oil". Don't like the bonus handed out to the Exxon CEO? Don't buy Exxon. Don't like the prices at the pump? Leave your car home once a week.
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2004 X5 4.4i Sterling Grey/Black Sport Prem 132s/Diamaris Rear Climate OEM Nav/Sirius RBs AngelBrights Roundel Valve Caps, 35% front tint. Sold MArch 2012
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