Why Gas in California Spiked So Sharply
September 9, 2003 2:00 PM Subscribe
What Made Gas Prices Spike So Sharply in California?
One hint, it has something to do with greed and the ability to arbitrarily raise one's profit margin.
The oil refineries decided that they weren't making quite enough money so they decided to gouge California by nearly tripling their profit margin to $.69 a gallon.
My response is to say I'll vote for which gubernatorial candidate that's going to go after the corporate greedheads who seem to think its perfectly acceptable behaviour to bleed people because they can.
Are you listening Arnold
posted by fenriq (21 comments total)