Monday, August 23, 2010

Why is big oil not taken to task over their criminal price fixing activities?

Current high fuel costs are ENTIRELY due to big oil price fixing as there is a glut of crude oil world wide.Why is big oil not taken to task over their criminal price fixing activities?
That's not the reason at all. It's the demand that keeps going up. As long as that happens prices will go up also. Cut demand and the price will fall just like any item at the store. Live close to work and ride a bike if you really want to make a difference.Why is big oil not taken to task over their criminal price fixing activities?
They have a monopoly in the form of a cabal and that is always the problem with any monopoly, they dictate the terms and conditions.


After all, what else are you going to put in your tank to make your car run?


Supply and demand my bum!


Is that why the price at the pump dropped to $1.70 per gallon two weeks before this last November election and returned to $2.40 per gallon the same week following the election, because the demand was so much lower at that time?


They intentionally make the economics of the process complicated and as nebulous as possible so that proving any collusion is next to impossible for anyone outside of the cabal but they are the ones that set the price at the pump and it doesn't need to be any more complicated than that.





If you are directing your outrage at ';Big Oil'; for the high price of fuel then it is being directed at the correct place.
Who would be taking them to task? The president, who is an oil man himself?





Congress, whose past re-election campaigns were funded by big oil?





The people, who are willing to pay the higher price because they were too dumb to see the trap they set for themselves by letting their communities be developed such that cars became a necessity?
I agree that something seems fishy, but the government would have to want to do something about it, which they don't. Even if they did, it is pretty tough to prove that they are colluding, don't you think?
do you have insider information on that.??
Proof of fixing? Links to proof?





No fixes. Just simple supply and demand is what is pushing prices up.
cause are politicians are corporate hookers and the public is a bunch of gullible morons who believe economics is a science and not a philosophy
The USA is the land of SUVs. Why? Because we like everything unnecessarily bigger and more powerful. I don't like the gas prices and agree that Big Oil has the government in their pockets, but the gas prices wouldn't be so hard-hitting and the oil companies wouldn't make as much money if we'd drive something reasonable.
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