Jamie Court Quotes
Oil company profiteering, not increased production costs, are the cause of the price spikes at the gasoline pump. Hurricane Katrina will only increase the probability of profiteering.
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Company | Profiteering | Increased | Production | Costs |
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In addition, the spot price is higher than most oil companies pay, since they either harvest their own crude or pay more stable and often much lower contract prices.
- Jamie Court
Without regulation of oil refiners, oil companies can use new tax breaks to create new product that they simply export to drive up prices in the U.S. once again... This industry needs a regulatory stick if it is to increase refining capacity and sell the product in the United States of America.
- Jamie Court
