April 2, 2008
The Truth Behind Gas Prices
It's all a simple matter of economies of scale. And when you consider the cash flow required to achieve these 'record profits', a 7.6% return is pretty paltry. But to understand this, you need to understand math and from my experience, most Americans can't calcuate a simple 18% tip.
If you are on of the brave, read this and this and make up your own mind.
UPDATED: Obama the savior has been on my TV claiming that he doesn't take money from big oil. Busted.
h/t: Wizbang & Doubleplusgood Infotainment
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