Politics and Profits: How the Oil Cartel Gets Its Way By RALPH NADER
$this->bbcode_second_pass_quote('', 'L')ook at what ending regulation of natural gas prices has produced: prices up 50 percent since last year. Home heating oil prices are up 30 percent. Bush's own Energy Department estimates the rise of heating oil costs will impose an average increase of $375 for customers this winter. No way that supply and demand explains this gouge.
Enforcing the antitrust laws and prohibiting organized speculators at the Mercantile Exchange from determining the price of an essential product like petroleum will bring prices down. But there is no action in the White House. No demand from the Congress.


