Chuck Gould wrote:

Driving back to the office, I could swear I just heard the radio
newsdude say that Exxon made about $10 billion in net profits during
the last 90 days.

If that's the case, then I have to agree with the apologists that the
outrageous cost to fuel my boat is all based upon "supply and
demand"......

as in "We monopolize the supply, and we hereby demand....." :-)


It *is* all about supply & demand. If the prices were high
enough that people would buy less of it, then they wouldn't
be making record profits, would they?

Right now the oil companies are experimenting to see just
how high they can push the prices before sales go down.
After all, they know they won't be in this business forever
even if some right-wingnuts think so.

Shucks, prices aren't even high enough that people drive a
little slower. Just a short while ago I was doing 75 in a 55
zone and getting run down by a steady stream of SUVs with
one person in them. Every single one of those drivers, if
asked, would probably complain heartily about the price of
gas... but they're not *doing* anything about it.

DSK