What the oil companys are doing would it be considered price gouging?

Yes, and in a big way, and Bushit doesn't help by refusing to release the surplus oil supplyWhat the oil companys are doing would it be considered price gouging?
noWhat the oil companys are doing would it be considered price gouging?
no its an example of all the social elites taking a piece of the little guy, and we thank them for it!
The oil companies are not behind the run ups in the commodities, and it is happening to more than just oil. wake up.
It would if we had a government that cared about the public. If we made the governments pay on performance and jail time for lawbreakers. Right now we have a man in the white house who is heir to oil, no matter who you are you will not go against your inheritance.
Not really if you consider that over the last 7 years the price of a barrel of oil has increased by 600% and the price of gas has only increased about 250%, hmmm, maybe they were gouging before.
Of course not, the White House said it was free capitalism at its best.
really the speculators are the people setting the price of oil but you have to be smart enough to understand why and not an empty headed politico
No it is not. Chinas and Indias oil demand have increased and it is supply and demand. We use all the oil we are able to pump in the US.
Only if you're a politician pandering for votes.





Oil company profits are less than 10% of revenue, yet we're being told they need to be taxed on windfall profits. Are we going to tax Google and Microsoft as well, whose profit margins are much higher?





The main culprit in high oil prices is the weak dollar, and that can be directly credited to the moron running the Fed.