Heritage Foundation is issuing a warning

[Robbien]

Gasoline Price Gouging Laws Will Not Benefit Consumers
http://www.heritage.org/Research/EnergyandEnvironment/wm1469.cfm

And why would Exxon funded Heritage Foundation make such a silly claim? The market is the very best way to determine prices of supply and demand. Making non-gouging rules just gets in the way of natural capitalistic practices.

Consumers are always better off when left on their own to deal with Bigoil didn't you know.

and another thing

After looking at the company’s books, Greenpeace determined that Exxon is still financing “climate skeptics”, even though it has said publicly that it is no longer spending money on such research.

“When our researchers looked into their tax records we discovered that Exxon was in fact lying,” Greenpeace’s Brian Fitzgerald writes on the blog. “They’d abandoned a couple of high-profile institutes, but continued funding 14 organizations in the ‘crisis? what crisis?’ racket.”

http://philanthropy.com/giveandtake/index.php?id=156

Heritage is still on the list

[Donnachaidh]

1. Waah Waaahhh -- don't smack our pimps!

WE need funding!

Waaahhhhh!!!!

[BOSSHOG]

2. And there is no reason to maintain oversight of drug companies

If you die of a heart attack because you are taking diabetes medicine, well that's the breaks. No need to beat up the pharmaceuticals after the fact. Lets give em some of that compassionate conservative logic. The heritage foundation a cess pool full of turds who have no use for the constitution.

[blueworld]

3. How stupid do they think we are?

I didn't have the heart to read the whole thing, but did they bother to explain how the elusive "supply & demand" argument can't explain the fact that the refining capacity is better now than it was two years ago, their profits are record-breaking and a slight (if true) increase in demand can't explain the enormous price jump?

[Robbien]

4. No they don't. They just say that gov't intervention is always a bad thing

Governments interfering in the process is always harmful to the consumer because the gov't gets in the way of the natural course of business. If a business cannot operate efficiently because of government intervention, then the consumer is not benefited.

Got it?

[RaleighNCDUer]

5. Not to mention the price of crude has fallen, so they can't blame

the increase on that, either.

[rasputin1952]

6. They don't want anything ruining their profit margins...these

jugheads have millions tied up in oil stock...it's all about $...nothing else matters to these people...x(