Note that the rise displayed by actual skyrockets is much greater than 2.8 percent. (cc photo: Jeff Krause)
You’re not supposed to talk about oil and Iraq—but corporate media can’t stop talking about oil and Iraq.
Case in point: NBC Nightly News (6/21/14), where anchor Kate Snow introduced a segment like this:
We’re back with a look at gas prices in this country, which have been soaring in the last couple of weeks as the conflict in Iraq escalates. AAA says the turmoil in Iraq is likely to keep prices high this summer.
And correspondent Kristen Dahlgren gave the specifics:
With tensions in Iraq, gas prices have skyrocketed. The national average: $3.68 a gallon, almost ten cents more than this time last year.
Hmmm, let’s see—a ten-cent rise from $3.58 is 2.8 percent over the course of a year. If actual skyrockets rose that slowly, you probably injure the spectators.
I think the rise in gas price is a lot more than $.10/gallon in a year.
And fuel oil is even higher.
They are talking an average; your price variance may differ. Here in California, not far from the refinery’s who make the gas from Crude (the most expensive place to buy gas is always closest to the refiners and the gas stations along the freeway), the prices has gone from approx $3.50 to $4.35 in less than a month (nearly 25% ).
What I can never figure out is how the Oil Company can get away with being the ones to jack up the price of the Crude (since it is their people doing the bidding) and then claim it’s not their fault they are required to raise the price of the product at the pump within an hour saying they can’t make be profitable otherwise, then out of the other side of their mouth claim they are the New Gods and have made 100 Billion in profits (to their investors), and then turn right around and claim they didn’t make any profits and must be given hundreds of billions in Tax breaks at the expense of the American people.
The folks in western Europe pay more than double what “Americans” pay!
The fucking US economy runs on cheap gas . . . . skyrocketing gas prices?!
Who the fuck do we think we are?!
Ray let me answer your question.We are those lucky people who are floating on a sea of energy.Enough for all our need for hundreds of years.We are also very unlucky in that we have a president who has made using our natural resources off limits.