catholicsphere

Oil Companies Still Breaking Records

One year ago, the average US cost for a gallon of gasoline is 2.929. A barrel of oil is $71.65. This year, the average cost for a gallon of gas is 2.909. A barrel of oil is 64.94.

Anyone see a problem?

They tell us consumption is up. They tell us that if there are hurricanes or refinery fires, the price will climb higher. They haven’t built a new refinery in over 30 years. They continue to make astronomical profits …

Hmmm…

[tags]gas, oil, profit, catholicsphere[/tags]