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Obama, Republicans spar over gasoline prices | Reuters

Obama, Republicans spar over gasoline prices | Reuters: (Reuters) - "Facing intensifying election-year attacks over rising gasoline prices, President Barack Obama sought to shift the spotlight onto oil and gas companies on Thursday by pushing for the repeal of U.S. tax breaks that benefit the industry."


The blame is to be placed on the oil companies which are price gauging and using any excuses to raise the price; one day it is because of the sanctions on Iran, the next it is because the US economic report is positive but then the next day the economic report is negative but oil prices are still going up. The point is that there are no regulation in place to protect consumers.

Further more it is absolutely bonkers that natural resources should be owned by individuals, who because of the wealth they amass promoting the war industrial complex and gas guzzlers, can continue to promote the polluting exploitation of such resources instead of developing cleaner technologies which would extend human survival.

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