Middle East

[randolph]

Originally Posted by TracyCoxx

So Libya produces about 1.5% of our oil. Why are our gas prices going up 13%? Seems like that's something our administration should look in to.

Yep, good ol free enterprise at work. Any excuse to raise prices. The Saudis said they could take care of any shortfall. So why are prices going up? Prices have nothing to do with supply and demand, they are controlled by speculators on Wall Street. An increase of only one cent in the price of gas results in billions more for the speculators and the oil companies.
The government should look into it? You have got to be kidding! If we had three assholes the speculators, the oil companies and the government wouldn't have to share.