Black Gold Texas Tea

I just thought I would drop you a line. In case you're wondering why crude oil prices are down from last year, hanging around at about $60 a barrel, while gasoline prices have soared past $3.10/gallon nationwide, just check out the latest profit
reports from the oil companies. They are at record levels. The answer for this seeming contradiction is simple: Americans are being robbed blind by the oil industry.Sure, the oil companies, and their PR agency will give you all kinds of reasons for higher gasoline prices at a time of falling crude prices: problems at two refineries in Texas and Oklahoma, rising demand or whatever.
But the real answer is that there is simply no competitive market in this industry.
The three remaining oil companies are so tight, they don't have to get together to conspire to raise prices. One raises prices, the second follows suit, then the third raises prices even higher, so the first robber-barons raise the price again and the second follows suit again. Hey but do not worry, we deserve it!