Posted by IndianaRed on May 12, 2011 at 05:27:54 from (75.46.71.227):
In Reply to: gas prices posted by ILLEFTY on May 10, 2011 at 13:10:18:
My question is this. In 2007-2008 when gas got so high, about $4/gal, oil was in the $140 area. Now we have the same retail price, about $4/gal, but oil is only at $100 or so per barrel. That's a big difference and I don't understand why no one is talking about that!
tlak and the like will say this is due to greedy oil companies, retailers, etc.. My answer to that would be that this industry is so highly regulated by the government that there isn't enough competition. It's too hard to start a new oil company with all that red tape.
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Today's Featured Article - Museum Coverage: The Stuttgart Agricultural Museum - by Cindy Ladage. While cold wind was blowing back in Illinois, in Arkansas, daffodils were in bloom, and the Magnolia trees were adorned with fragrant blossoms. Stuttgart, Arkansas was the site of this year's winter Minneapolis Moline Collector's show February 25-27, 1999. The show was held at the Oliver Museum created by Don Oliver, the pioneer of the four wheel drive tractor. Oliver along with Gale Stroh and Kenneth Bull using Minneapolis Moline tractors and parts created what has become known as
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