The oil industry is giving their latest "excuse" for high gas price increases.

CURRENT "EXCUSE"
UNREST IN LIBYA - "MIGHT" CAUSE INTERRUPTIONS IN THE FLOW OF OIL / GASOLINE

"EXCUSE" PRIOR TO CURRENT "EXCUSE"
UNREST IN EGYPT - "MIGHT" CAUSE INTERRUPTIONS IN THE FLOW OF OIL / GASOLINE

"EXCUSE" PRIOR TO THE TWO "EXCUSES" BEFORE IT
MINOR MULTIPLE DAY SHUTDOWN OF ALASKA PIPELINE - "MIGHT" CAUSE INTERRUPTIONS IN THE FLOW OF OIL / GASOLINE

"EXCUSE" PRIOR TO THE THREE "EXCUSES" BEFORE IT
TEMPORARY SHUTDOWN OF REFINERY IN N.W. INDIANA - "MIGHT" CAUSE INTERRUPTIONS IN THE FLOW OF OIL / GASOLINE

"EXCUSE" PRIOR TO THE FOUR "EXCUSES" BEFORE IT
BP WELL EXPLOSION & OIL SLICK WOULD STOP SHIPS FROM GOING INTO GULF PORT AND UNLOADING THEIR CARGO - "MIGHT" CAUSE INTERRUPTIONS IN THE FLOW OF OIL / GASOLINE

"EXCUSE" PRIOR TO THE FIVE "EXCUSES" BEFORE IT
EVERY STORM BIGGER THAN A DRIZZLE WITHIN 1,000 MILES OF GULF - "MIGHT" CAUSE INTERRUPTIONS IN THE FLOW OF OIL / GASOLINE 

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THE OIL INDUSTRY IS FULL OF EXCUSES - WELL, FULL OF SOMETHING.


POSTED BELOW, PHOTOGRAPHS OF GAS STATIONS IN CHICAGO & RURAL SHABBONA, ILLINOIS. RIDICULOUS HOW PRICES GO UP ON POSSIBILITY OF PROBLEMS. CONSERVATIVES LIKE TO SAY - SUPPLY & DEMAND. THE PROBLEM IS, WHEN YOU HAVE AN OLIGOPOLY THE RULES OF SUPPLY & DEMAND GET STRETCHED TO THE BREAKING POINT. GASOLINE SUPPLIES ARE GOING UP, WHICH MEANS PRICES SHOULD BE GOING DOWN. GUESS WHAT? THE LAW OF SUPPLY & DEMAND IS SCREWED UP.


CITY OF CHICAGO SHELL STATION (FEB 23, 2010)


RURAL BP GAS STATION - SHABBONA, ILLINOIS (FEB 23, 2010)












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