Friday, April 28, 2006

wonder why gas prices are so high?

Chevron Earnings Soar 49 Percent to $4B
---
What a surprise! Gas prices go up (yet again) right before summer and big oil earns record profits (yet again).
There was a big oil apologist from the WSJ on the Daily Show the other night and her only answer for Jon's questions about why are the prices so high and yet the profits are so immense was "supply and demand". No explanation of how the profits continue to rise if the companies are paying more for the crude product and simply passing those increases to us.
Wouldn't it be refreshing if someone just said, "yeah, we're screwing you - what are you going to do - stop driving?"
Though it would be far more refreshing if someone was truly researching alternative fuels, so that we would have an option, instead poo-poo-ing them, as the sycophant from the WSJ did on the Daily Show.