Sunday, April 30, 2006

Investigate the consumers!


Heck, it's a lot more fun to demonize a fat, super rich oil executive than inform your public.
Sadly, Tom Bray's last column.
Government remains biggest oil profiteer: "'From 1986 to 2003, using 2004 dollars, the real national annual average price for gasoline, including taxes, generally has been below $2 per gallon,' noted the Federal Trade Commission in a 2005 report absolving the industry of collusion. 'By contrast, between 1919 and 1985, real national annual average retail gasoline prices were above $2 per gallon more often than not.'
In other words, gasoline prices were lower than at anytime since 1919 for much of recent history. Some conspiracy! Maybe somebody should have been investigating consumers for 'gouging' the oil companies."

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