Free Republic

This week, Joe Biden made a big deal out of sending a “warning letter” to U.S. refineries about their supposedly inflated profit margins this year. It was part of his strategy of attempting to blame the oil and gas industry for the high prices everyone is paying for gas, diesel, and heating oil. (At least when he’s not trying to blame Vladimir Putin.) In very short order, two associations representing different elements of the industry got together and sent a letter right back to the President. The American Fuel & Petrochemical Manufacturers (AFPM) joined with the American Petroleum Institute (API)...

In Barack Obama's vision of America, people are not allowed to disagree with the president's position. Even of facts are used, dissent must be crushed. Such it is with the the insurance industry "Even as America's families have been battered by spiraling health care costs, health insurance companies and their executives have reaped windfall profits from a broken system." Barack Obama July 2009 Two weeks ago when the Insurance Industry released a study showing that Obamacare would actually increase costs, the POTUS went on a rampage once again: It’s smoke and mirrors. It’s bogus. And it’s all too familiar. Every...

(SACRAMENTO) – Attorney General Bill Lockyer today unveiled data that show California oil refiners' price markup between the barrel and gas pump increased 152 percent from January 2003 to March 2003 – with virtually all of the rise representing profit – and in March 2003 outstripped the margin in the rest of the country by 127 percent. "Californians have been afflicted with chronically exorbitant gas prices," said Lockyer. "These numbers raise legitimate questions about whether this state's drivers and businesses are getting gouged. But the data also show how important it is, for consumers' sake, that policymakers address the deep-seated...