Elkhart Review

Another view of Elkhart, Indiana, USA

Saturday, May 3, 2008

Why is gas so expensive?

There's a great article at AOL Autos  that explains the costs of a gallon of gas.  It's not really the oil companies' fault.  Yes, they ARE making record profits now, but those profits are what would allow them to explore for more oil (which we need) and expand refining capacity.  Proposals to tax "windfall" profits make no sense in this environment, frustrating as it is.

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