Hopefully Medved will destroy the conventional wisdom of 'Big Oil' gouging the US consumer.
http://www.freerepublic.com/focus/f-news/1622599/posts
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http://jewishworldreview.com/cols/medved042606.asp
Demagoguery, not action, on gas prices
April 26, 2006 Congressional Republicans have joined their Democratic colleagues in disgraceful demagoguery over the painful rise in gas prices.
Charges of "price gouging" provoke public rage, especially when oil companies report lavish profits, but why is it shocking that when international costs of a barrel of crude reaches record levels, the US price also increases?
Should oil companies sell to Americans at lower prices than the rest of the world eagerly pays?
If Americans pay less than citizens of other nations (who are already accustomed to high pump prices), that will guarantee future shortages at your local station; gas inevitably flows to markets paying the highest price.
Excerpt--JWR Articles must be excerpted.