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OIL INDUSTRY INVESTIGATION

OIL INDUSTRY INVESTIGATION

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Started by Anonymous 19 years, 3 months ago
We the citizens of the United States demand that the FTC, the supposed police department for the citizens of these United States to investigate the entire oil industry. Or better yet, a third party investigation team should perform the investigation knowing how honest and truthful all the federal government agencies are (sarcasm). We are tired of being financially raped at the whim of the oil industry stockholders and CEO's. All oil companies claim to have record profits quarter after quarter in their stock reports...while the gas prices continue to rise each and every month. We smell more than rotten gas fumes here. Seeing the price at the pump rise $.25 to $.30 cents a gallon in a couple of hours with no real reason is just getting ridiculous. Rather than allowing the retail price of gasoline be based on speculation through the FUTURES market, why not have it based on a true wholesale - retail price structure like all other business models in the United States. Cotton T-shirts do not rise in price because of hail storms in the midwest even though cotton is sold under speculation on the futures market. But, when someone has diarrhea who works for EXXON the price of gas at the pump forces the price of gas to jump upwards.... why A full blown investigation on the oil industry is needed before by a third party for a true non-partisan result being that the White House and Congress is so tightly wrapped by the oil industry lobbyists in Washington DC, not even the FTC can give us a truthful report. The FTC does not work for the people, they work for business and protect their profits and stockholders.

6 Comments

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Mike Richards
19 years ago Featured

Enough is enough. Everyone knows they are price gouging us every single day and nobody in DC does a thing because their palms are greased. Let's see some real audits.

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Kevin Bailey
19 years ago Featured

Stop the speculation games. treat gas like a real product instead of a casino for Wall Street fat cats.

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Jessica Ryan
19 years ago Featured

Finally someone said it. i am so sick of the excuses. investigate them already!

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Linda Robinson
19 years ago Featured

it’s a complete joke. prices jump .30 cents before i even get off my shift. they just do it because they can.

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Dave Nasser
19 years ago Featured

Record profits while we go broke?? total BS. follow the money and stop letting these CEOs get away with it.

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Sarah Johnston
19 years ago Featured

I cant even afford to drive to work anymore. filling up my tank costs half my paycheck now. greed is destroying this country

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