Posted by
C-Hayes on Wednesday, June 06, 2007 9:14:34 AM
John Stossel offers a reasoned analysis of why gas prices are so high - something you will never hear from mainstream media outlets (another point he also addresses - emphasis mine):
"...gasoline is still a bargain. Think about what it takes to bring it to us: Drills must bend and dig sideways through as many as seven miles of earth. What they find has to be delivered through long pipelines or transported in monstrously expensive ships, then converted into three different formulas of gasoline, moved in trucks that cost more than $100,000 each, and shipped to gas stations that have to have lots of expensive equipment to make sure we don't blow ourselves up filling the tank. Even after all that, gasoline is still cheaper per ounce than the bottled water gas stations sell."
Does anyone talk about price gouging with bottled water?
Read the whole piece to find out why gas prices are not at an "all-time" high, and why "Congress...set a record for inanity."...