wrote an interesting post today on
Here’s a quick excerpt
In May of 2008, with gasoline prices climbing to unprecedented highs and oil prices rocketing past anything that’s ever been seen in the past, the United States Congress finally called oil execs on the carpet to explain why. One by one, executives from each of the 5 largest oil companies, Exxon Mobil, Conoco Phillips, Shell Oil, Chevron and BP, shook their heads, wrung their hands and explained that the law of supply and demand is what’s responsible for those high prices at the pumps. Crying “

Read the rest of this great post here