I saw this report about gas prices on the PBS program NOW, back on Friday, Nov 11th.

( transcript: )
http://www.pbs.org/now/transcript/transcriptNOW145_full.html


What was in the program is an argument based on the opinion of multiple oil-industry insiders that the larger oil corporations conspired to drive up prices, largely by purchasing and/or leveraging out the smaller gas companies that were keeping the price down.

The report cites several internal oil corporation memos, that leveraging out smaller oil companies was an objective, to raise prices and maximize profits.

You can also order the program on DVD.




I'm not a big fan of NOW, but I felt this was a good story.

Another good story in their archives from a few weeks ago is one on the rising cost of homes, and the housing boom/bubble. ( HERE , from August 26, 2005 )