Yeah, I know, the prices are coming back down. How low do you think they’re going? How long will they STAY low? How long before the greedy $^#@&*’s in OPEC decide to cut production far enough to put the squeeze back on big time?

As you might guess from the title of this entry, I am indeed drawing a direct connection between Big Oil and the state of the economy. I suppose some may think that it’s unfair of me to lay the majority of this nations and even the world’s economic troubles at the feet of Big [...]

In one of those rare “It’s about freaking time” moments, the Senate Judiciary Committee had the executives of the five biggest oil companies in the hot seat. I am not a hamster, I knew when I heard it was going to happen that they were going to try desperately to scramble out from under [...]

It seems like almost every time you look at the price of gas these days it’s gone up higher. Thing is, the only reason for it to be as high as it’s been in the last twenty years or more is pure greed combined with a major dose of plain old fashioned stupidity.
I think [...]

That’s right. While we sit paying obscene prices for fuel, those who’re selling it have managed once again to set an all time record for profit.
What I don’t get is why this is allowed to go on. I am not a hamster, If they were actually investing the lion’s share of their money [...]

Y’know, this nonsense about oil prices being what they are is just exactly that… nonsense.
An entry in one of the news summaries in my email yesterday talked about OPEC getting the price of oil up to nearly one hundred dollars a barrel and frankly, there’s no excuse for it. none.
I am not a hamster, [...]