Gas prices at the pump during the July 4th extended weekend were the highest they have been in six years. This, of course, has little to do with supply-and-demand economics. It has everything to do with supply-and-gouge profits.
|By: Mike Magner Saturday July 28, 2012 1:59 pm|
If you’ve ever wondered why all the angry political rhetoric about high gasoline prices has so little effect when you’re paying around $4 a gallon, give a read to Steve Coll’s incredibly well-researched book, Private Empire: ExxonMobil and American Power. At numerous points in the 685-page exposé of the largest U.S. energy company, Coll makes clear how ExxonMobil puts its interests behind no others, including those of the American public.
“I’m not a U.S. company and I don’t make decisions based on what’s good for the U.S.,” former ExxonMobil CEO Lee Raymond says.
|By: Attaturk Tuesday March 20, 2012 1:30 am|
|By: Niloufar Sunday December 26, 2010 4:30 pm|
Iran has one of the highest per capita consumptions of fuel in the world, and constitutes the tenth largest polluter among all countries. This results in excessive waste and pollution, and renders the country’s industrial production inefficient, expensive and uncompetitive. Moreover, Iran’s ecology suffers from this pollution, and the health of its citizens is at serious risk from the emissions.
|By: A Siegel Friday July 11, 2008 1:42 pm|
Gasoline prices at the pump have gone up by over $2.50 since before the start of Operation Iraqi Freedom to today. A question asked: How much of that price increase is a premium due to the Iraq War and other Middle East tension? A question asked … Answered?