While there are oligopolistic elements of big oil - it is not a monopoly. On average the oil companies make 10 cents per gallon of gasoline, while the gov't take 46 cents. At least the oil companies reinvest those profits into exploration and R&D. Think about how much the US gov't restricts the supply of oil, restricting domestic drilling, requiring companies to import more oil from overseas...If you really want to lower the price focus on the gov't.
__________________
"If I am such a genius why am I drunk, lost in the desert, with a bullet in my ass?" -Otto Mannkusser
|