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Old 06-28-2006   #1 (permalink)
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Fuel prices...

So what gives with the price of fuel?

It keeps on rising and rising, with no end in sight! Is it really trouble in the Middle East? If so, then oil supply prices would rocket to such an extent that oil companies won't have to pay this newfangled 'profiteering tax', simply because they're not profiteering, they're just battling with rising prices like the rest of us. But no, they have made so much profit on the back of the rising oil price that it justifies an additional tax.

So what's the actual story? Have we passed Hubbert's Peak? Is there any hope in sight for lowered prices? Or are we being sucked dry by Big Oil?


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