Tonight on ABC World News, the reporter did the usual when gas prices rise; go to a gas station with high prices for the area and interview drivers who are spending big bucks to fill their tanks. No mention whatsoever of the speculators who are presently responsible for rapidly rising prices. No mention either of declining demand for gas to the extent that gas is being exported because the US supplies are greater than demand. When oh when will the corporate media give us the information we need to demand better from our government regulators and our lawmakers. I advocate that we break apart the oil companies as Teddy Roosevelt did with Standard Oil 101 years ago. That would be my long term solution. In the short term, I would ban the export of refined gasoline, and I would regulate or tax or both speculation in petroleum.
- Gas Price Up; Headed for Record? (abcnews.go.com)
- Obama to Speak About Gas Prices Thursday (michellemalkin.com)