Passing Gas to the Consumer

By: Saturday July 12, 2014 4:00 pm

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.

 

FDL Book Salon Welcomes Steve Coll, Private Empire: ExxonMobil and American Power

By: 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.

They failed to consider Comandante Romney’s Plan

By: Tuesday March 20, 2012 1:30 am

So no worries, if Romney’s elected he and his command of the price of gas with all these war game scenarios will fall before the august presence of the Commander in Chief’s sacred undies.

Iran: Why the Petrol Subsidies Had to Go

By: 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.

What Fraction Of America’s $4+/Gallon Gasoline Is Due To The War In Iraq?

By: 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?

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