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2008-09-17

Somebody's lying to me!!!

If the per-barrel price of oil came down 36% from the all-time high, why did the price at the pump only drop 5%? I used to be dead-set against taxing the oil companies, but it's clear they're keeping 30% for themselves. A 36% drop means we'd be back around $2.65. Now it's not that Americans really care about gas prices, just look at the commuters. One person in each car? If they really cared, they would fill the other three seats and drop the demand in half, but greed, pride, and good old American need for convenience keeps the prices high and the traffic gridlocked.

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