How can the gas/oil companies still continue to defend rising prices when they are making millions of dollars a minute?
Anger over oil profits is justified, especially now that we know about things like the $400 million retirement package for outgoing chairman of Exxon, Lee Raymond. Give me a break.
The Foundation for Taxpayer and Consumer Rights released a new study yesterday that confirms that rising gasoline prices in California are because of “corporate markups and profiteering” not rising crude costs or the national switchover to higher-cost ethanol, as the oil industry claims.
Is anyone calling for Bush and the US Congress to freeze gas and oil prices to reasonable levels, as Nixon did? Is there any investigation going on at all?
Is anyone capable of and willing to put any sort of leash on the runaway greed that has led to so much exploitation and death?