kenshiro says:
I do not see how the oil companies will be able to deny that they are fixing the oil prices. A quick internet search shows that companies like
Exxon have been making double and triple profits qurater over quarter.
That doesn't necessarily follow. A company making profits -- even big ones -- doesn't imply they're fixing oil prices. If you can show that the
companies have shut down production or refineries, or that they have all colluded to not compete with each other -- then you can talk about price
fixing.
But I certainly haven't seen any evidence of that.
What I think is interesting is that the governors listed in your source -- Ted Kulongoski of Oregon, Jim Doyle of Wisconsin, Jennifer Granholm of
Michigan, Rod Blagojevich of Illinois, Bill Richardson of New Mexico, Tom Vilsack of Iowa, Brian Schweitzer of Montana, and Christine Gregoire of
Washington -- are
all Democrats, which leads me to believe that they're trying to make a little political hay by embarrassing a Republican
president with ties to the oil business.
