RKMBs Forums .::Important::. Politics and Current Events Who's to blame for higher gas prices?

Getting back to what Jim Jackson had to say about record profits for oil manufacturers last year, I think that's a very valid point.

The cost of raw materials and refining oil may have gone up, but oil profits have way outpaced cost.

And just as it was valid to ask about Clinton's gays-in-the-military advocacy, based on the fact that the gay lobby was among Clinton's largest campaign contributors, it's just as valid to point out that oil manufacturers are among G.W Bush's largest contributors.

That doesn't necessarily mean that W. Bush (or Clinton before him) are guilty of impropriety. But it does warrant asking the obvious questions and investigating.


Although no one but the conspiracy-prone are blaming the gas increases on Bush at this point in time.

As this report from last night's PBS broadcast makes clear. There are plenty of other factors that are spiking gas prices.

http://www.pbs.org/newshour/bb/economy/jan-june06/gas_4-12.html


And actually, for the usually un-sensational PBS News Hour, this report is remarkably alarmist.



( see also the NOW broadcast report I posted to this topic in November 2005)