again with the gas prices..., http://www.dailynews.com/Stories/0,1413, Options

[mikester]

http://www.dailynews.com/Stories/0,1413,20...2119362,00.html

What we have here...is someone making a profit...who decides when you're charging too much for something?

Well - these guys are capitalists and they will CHARGE WHATEVER THE MARKET WILL BEAR.

So the only solution is to find some other way to work making fuel in less demand than it is right now.

I say we start a pool - winner gets a 914 hat or something...

Guess what the highest $ per gallon will be on labor day (end of summer).

I'm just saying...

[lapuwali]

I think the word Randal is grasping for is "cartel", not monopoly. There is most certainly a well - known cartel of oil producers setting the price of the raw material: OPEC. They declared MONTHS ago they were going to reduce production to raise the price of oil, and whadda know, the price of oil went up. Exactly who and why those strings are being pulled, I leave to the conspiracy theorists. Plain desire for money on the part of the OPEC nations is enough for me. I don't need any actions from our government to explain it.

Unrest in the world's key oil producing areas (y'know, those terrorists blowing themselves up in Saudi Arabia, you do watch the news, don't you?) is also making enough people nervous fearing that this is going to somehow impact their supply of oil that they're raising prices ahead of that. Something any resonsible business person would do. Again, no spooky government intervention required (well, I suppose the whole Iraq thing, but...) to explain this.