The Senate is asking that very question - Is there an Enron type scandal going on in big oil? - Some of us have been asking that question for ages. Some of us have figured out that’s pretty much what is going on. Big oil is nothing more than a monopoly and it’s pretty obvious they do a lot of price fixing, which goes hand in hand with price gouging.
The sad thing is, if the government holds true to form, the Senate will bow down at the altar the big oil executive excuses. That means nothing will change, nothing will happen and we the consumer will continue to be price gouged at the pump while the oil execs continue to pad their already inflated bank accounts every day. I find it amazing how the oil execs manipulate their excuses every time it’s pointed out that they’re making record profits while the consumer suffers. I don’t know about you, but I’m to the point where I don’t believe a word they say. It’s time to break up the monopoly, and it’s time, if it is like Enron, to send a few of these oil execs to jail.
Just my two cents,
Dr. Rus
