August 26, 2003
Record gas prices: are oil companies colluding and gouging?
David Lindorf, writing in Counterpunch, takes on the oil comapnies:
Remember that $400 family credit that you got from the IRS (assuming you weren't one of those 8 million poor families that the Republicans and the president decided didn't deserve a tax rebate)?
Well, if your family has the typical two cars and two drivers, and you each drive the typical 15,000 miles a year and get the typical 20 miles per gallon, that windfall will be more than eaten up by New Years by what might be called the Bush/Cheney oil price surcharge, which has seen gas prices soar in recent weeks to the high they reached last March on the eve of the war against Iraq.
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