It looks like the Saudi and American oil cartels are giving it to us in the shorts again. Remember a year or so ago, the price of crude oil was about $140 per barrel. Recall that the Saudi oil
minister said that $75 a barrel was a fair price for oil. When the barrel price was $140, the price at the pump for regular was about $4 a gallon.
Look at the current situation. Oil is about $60 to $70 per barrel
but the price at the pump for regular is above $3 a gallon. Wouldn’t logic indicate that gas should be about $2 a gallon now; one half of what it was when oil was $140 per barrel?
It’s the same old game. The cartels and oil giants will charge whatever they want and to hell with the people. It’s time to put a cap on this stuff.