I Keep Making This Argument About Oil And Gasoline & Keep Getting Shot Down

[Simeon Salus]

1. I checked to see if somebody had an open thread before I posted my own.

I saw a few threads a week or more ago. In the current economy, NO OTHER staple purchase prices are lower. Just fuel.

Cars, higher. Used cars MUCH higher. Parts higher. Tires higher. Repairs, way higher.

I'm unable to prove the bar of "collusion", but it sure looks like one business sector is keeping these prices unsustainably low. On purpose. Don't tell me oil producers are taking these losses (or heaven forbid, lower profits) out of the goodness of their hearts. Like the late Dick Cheney, these guys have no hearts.

There's definitely something fishy in the energy sector.