Saturday, June 02, 2007
Why Are Gas Prices So High? An Insider's Explanation
You can read a lot of, well, untruths about current high(er, but still not nearly high enough) gas prices in the Empire. Rarely will you hear actual explanations, backed up by "true" facts, and most especially not in the MSM. Here on the Edge, though, you can catch the real scoop simply by clicking on this fine exposition by The Oil Drum contributor Robert Rapier. An employee of an (unnamed) oil company, this person has a keen focus and his blog, R-squared, is certainly worth a read as well, if you find yourself wanting more. Contemplate the explanation given and consider emailing it to the next fool that sends you one of those ridiculous emails recommending a "boycott" of the corner gas stations.