Gas prices have now reached record highs nationally. So it's time for my annual rant. How do gas stations so beautifully choreograph their price changes? It's like they do it in unison. It's really quite a talent.
Here's something I don't understand: Oil companies know that May begins the summer peak season. So why do they choose this time of year to shut down units at their refineries? The reason they cite for higher prices is higher demand and limited capacity because of refinery "turnarounds" (repairs). Again, don't buy their excuses! It is price-fixing. And we -- the consumers -- are hostages.
I especially feel for the person who is just hanging on -- trying to figure out how to squeeze another $15-20 a week out of their budget. What will such a person have to do without so that the greedy oil companies can have record profits?
In my opinion, big oil companies are the least patriotic of all American businesses, because they affect our entire economy. And they take advantage of any international incident to boost prices again. I may be overstating my case here -- but I think it sometimes borders on treason.
I am ready for our politicians to get serious about alternative fuels. We MUST rid ourselves of dependence on foreign oil. This would also allow us to wash our hands of Middle East politics. We as consumers need to have choices when it comes to energy, and alternative fuels might be the answer. (Of course, the oil companies will probably own the alternative fuels, as well). Unfortunately, most of our politicians are in cahoots with big oil.
Be watching to see what Exxon-Mobil's profits look like for the next quarter.
OK, that's my rant. I just wish I felt better.