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"A comprehensive, collaborative elections resource."
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Gas-price conspiracy? You bet!
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| Contributor | RP |
| Last Edited | RP Jan 02, 2007 09:04pm |
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| Category | Analysis |
| News Date | Wednesday, January 3, 2007 03:00:00 AM UTC0:0 |
| Description | Say you're an oil executive and you want to keep the Republicans in control of Congress. What can you do prior to an election?
Well, you can keep your refineries running at full speed, flood the market with extra fuel, and take less per gallon in profit than usual.
And guess what: Department of Energy data suggest that's exactly what the oil companies did this fall.
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