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Politics : Don't Blame Me, I Voted For Kerry

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To: American Spirit who wrote (6802)3/13/2004 12:52:10 AM
From: Amy JRead Replies (1) of 81568
 
AS, RE: "Cheney deserves to be indicted. "

The entire oil industry needs to be indicted:

Shell cut supplies by 8% a few weeks ago, even though prices are rising:

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mercurynews.com

High prices for crude oil may tempt some Organization of Petroleum Exporting Countries to disregard plans to cut production next month.

But while big oil may squawk, it is not hurting (them). Its cost and profit margin -- the difference between what a refinery pays for crude oil and what it sells gasoline for -- was 63 cents a gallon last week, up from 24 cents on Jan. 5.

``It's in their economic interest to run supplies as short as possible,'' DeCota said. ``And we as the motoring public are being manipulated. The oil companies are making hay.''
...
Attorney General Bill Lockyer has called a special meeting of the state's energy task force for next week. U.S. Sen. Barbara Boxer has asked for a federal probe into the fuel situation
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Texas needs to return the money they stole from California when their energy companies conducted illegal price trading to the detriment of California's economy in the amount of $2B.

Oh, by the way, this is indeed under Federal investigation, initiated by a Republican too. For some reason Boxer isn't aware of this.

Regards,
Amy J
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