With Nigeria still embroiled in "sectarian violence," and now this early report of a possible attack on a Saudi refinery, it might be a good idea to fill up the tank soon.
Definitely jumpy. And as for gouging, it's not an accident the refining companies are making record profits. Sure the price of oil went up, but their margin per unit sold went up, too.
This is not the America I was brought up to believe in.
This blog seeks to highlight abuse of power, deception, corruption, and just plain bad ideas in government and corporations.
Updated several times a day.
2 Comments:
Crude jumped $2 this AM on hte news of the thwarted attack on Saudi refining center.
Kinda jumpy, eh? Or does it ligitimize gouging?
By
liberal_dem, at 12:06 PM
Definitely jumpy. And as for gouging, it's not an accident the refining companies are making record profits. Sure the price of oil went up, but their margin per unit sold went up, too.
Mike
By
mikevotes, at 12:29 PM
Post a Comment
<< Home