Bending the Third Rail
Because We Should, We Can, We Do
Friday, April 21, 2006
The Big Screw
I just paid $50 to fill up my Toyota pickup.

The hell of it is there's plenty of oil. It's not lack of supply, but Bush's swell international policy that is raising the price of crude.

But there's not enough gasoline.

Why?

Refining is not keeping up.

Why?

Hell of a good question. The oily guys want to blame Katrina and "maintenance". (the annual excuse). Actually I think the answer may be a wee bit more insidious than just that, but Exxon will let Bush take the fall for it.

Gasoline will continue to increase and spike during the summer. Then, right on cue and within a month or two of the elections, gasoline prices will fall back to "low levels", like around $3.00 per gallon, our new adaptive point.
Written at 2:31 PM by Greyhair.
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