What’s the Story with High Gas Prices?

Combined with a weak dollar, gas prices continue to rise because oil corporations are making record profits and operating without regulation (and avoiding taxes doesn’t hurt either).  These diluted Americans have no clue:

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9 responses to “What’s the Story with High Gas Prices?

  1. Oil Rises to Record on Concern Iran Supplies May Be Disrupted

    June 30 (Bloomberg) — Crude oil rose to a record above $143 a barrel on speculation the dispute over Iran’s nuclear program may disrupt supply from OPEC’s second-largest producer.

    http://www.bloomberg.com/apps/news?pid=20601087&sid=a6ExeugF6cpk&refer=worldwide

  2. Fortis expects bankruptcies amongst 6000 American banks which have a small coverage currently – also Citigroup, General Motors. “There is starting a complete meltdown in the US.”

    http://www.freemarketnews.com/WorldNews.asp?nid=58378

  3. Press TV: How can it just be one person among so many hundreds of Congressmen who wants the impeachment of George W. Bush in these circumstances?

    Gore Vidal: Well it’s because we no longer have a country. We don’t have a republic any more.

    http://www.tehrantimes.com/index_View.asp?code=171986

  4. ‘You’re working for gas now’

    He’s also seen a growing interest in smaller cars, a claim backed up by the local Chevy dealer.

    What this propaganda story is not saying is that DEMAND FOR GAS is down, even in rural areas.

    http://money.cnn.com/2008/03/24/news/economy/camden_alabama/index.htm?postversion=2008032910

  5. Tesla’s Elon Musk promises sub-$30k all-electric car in less than four years

    FOUR YEARS??? I’m not sure we have that long?

    http://www.engadget.com/2008/06/30/tesla-motors-elon-musk-promises-sub-30k-all-electric-car-in-le/

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