Wednesday, August 21, 2002

On today's newscast, they said to expect gas prices to rise in the near future because crude oil prices have recently climbed back up to US$30 per barrel. Is there anyone else who's tired of this rhetoric? Crude oil prices fluctuate. Oil has been above US$30 in the past before dropping down to lower prices. Did you ever notice lower gas prices to correspond with the price of oil when the price of crude went down? No??? Well I didn't either. Yet, when oil prices go up, they immediately raise gas prices and blame it on crude oil. It doesn't make any sense. If this truly is a valid reason, then it should work both ways: up and down. Well I know what the problem is, and I'll let you in on a little secret. The oil companies and the government are working together to screw you as a consumer. Almost the entire price of gasoline is comprised of taxes. It is in the government's best interest to keep the prices of fuel as high as the market will bear, so that they make more money off of those fuel taxes. That is why the government never finds anything when it investigates possible price fixing among oil companies. It's a cover up! Everyone knows that the oil companies fix their prices, yet the government can never prove it because they're both in on it together. That's my story and I'm sticking to it.

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