Exxon/Mobil by itself receives about $25 Billion in US Government subsidies every year.
Those of you who do not think something is wrong with the current fuel situation are going to wake up to severely higher prices for everything else you buy a few years down the road. Everything you buy has to be transported and the over-inflated diesel fuel prices currently seen is killing shipping.
When fuel prices can rise $0.15 because there is the possibility of a hurricane but there is no market correction, especially as quickly, then you have something that lives outside the typical ideals of supply and demand.
Why does everyone complain about OPEC price fixing, when it's apparent the major oil companies do the same thing, but somehow some of you don't feel this is the case.
