Oil Companies Created 'Shortage' That Is Driving Record Pump Prices Date: Monday, April 30 @ 22:29:06 PDT Topic: Consumption; Demand; Prices
Even as crude
oil prices fell slightly today, gasoline prices continued a rocket
trajectory upward due to "supply shortages" resulting from a combination of
ineptness and greed on the part of oil companies, said the Foundation for
Taxpayer and Consumer Rights.
Analysts blamed new refinery outages in Texas and Oklahoma, while a
spokesman for the American Petroleum Institute told the Kansas City Star
that the problem was partly due to falling imports of gasoline.
