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Politics : PRESIDENT GEORGE W. BUSH -- Ignore unavailable to you. Want to Upgrade?


To: ColtonGang who wrote (170653)8/12/2001 5:44:37 PM
From: PROLIFE  Read Replies (1) | Respond to of 769670
 
"When people gas up this summer, they should know that the high prices they are being charged are not because of a shortage

What shortage? What high prices? I am paying less for gas now than a year ago.



To: ColtonGang who wrote (170653)8/13/2001 5:13:33 PM
From: Neocon  Read Replies (2) | Respond to of 769670
 
Five competitors is still competition. Prove collusion or drop it......



To: ColtonGang who wrote (170653)8/13/2001 5:38:51 PM
From: Gordon A. Langston  Respond to of 769670
 
We're gettin "drilled" by taxes and you can't economize or conserve on that.

$1.49, definitely the low of the year, but I thought the Greens and Nader want high prices so that alternative fuels would become economically viable. Must be a bigger conspiracy than I thought. Maybe AS will investigate.



To: ColtonGang who wrote (170653)8/13/2001 5:43:56 PM
From: Bill  Respond to of 769670
 
"When people gas up this summer, they should know that the high prices they are being charged are not because of a shortage," Claybrook said. "Instead, the mergers in the domestic oil industry and the backsliding on conservation are the reasons consumers are being deprived of fair prices."

Don't know where Claybrook buys her gas, but in the U.S., prices are lower now than they were a year ago. Seems Bush is clamping down on Clinton's conspiracy with Big Oil.



To: ColtonGang who wrote (170653)8/13/2001 10:52:05 PM
From: Brumar89  Respond to of 769670
 
...the five companies -- Exxon-Mobil, Chevron-Texaco, BP Amoco-Arco, Phillips-Tosco and Marathon -- control more than two-fifths of domestic production, nearly half of the domestic refining and more than three-fifths of the domestic retail market.

Actually, I think this makes oil one of the least concentrated big, old industries around. Read the above carefully. The top five companies control only 40% of domestic production, less than half of domestic refining, and a little more than 60% of the domestic gasoline market. That's not so much for the top five companies in an industry. Compare it to the auto industry or lots of others.



To: ColtonGang who wrote (170653)8/13/2001 10:56:04 PM
From: Brumar89  Read Replies (1) | Respond to of 769670
 
Oh, one more little thing I should mention. Most of the big oil mergers among those top five were approved by the Clinton administration's anti-trust enforcers.