Monday, February 23, 2009

What we are not told about oil prices


By Vincent Gioia

"Gasoline prices keep going up and the price of oil goes down. Obviously this is a sign that big oil companies are gouging us. Ask any Democrat politician, ask President Obama, read any newspaper, watch CNN, NBC, ABC,CBS and MSNBC, they will all say the same thing. In fact, ask your neighbor, he will also tell you the oil companies are fixing oil prices and gouging the public. Why not, no one explains oil prices so what else is one to believe? Oil prices recently have been generally in the range of $34 to $40 a barrel, as reported by the press and on television."

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