The Truth Behind High Fuel Prices

Oil company’s record profits are a product of the Federal Trade Commission

Since 1991, the United States domestic oil industry has seen 2600 acquisitions, buy-outs, joint ventures, mergers and alliances, thanks to the Federal Trade Commission (FTC). Since 1998, the FTC has allowed eleven integrated oil companies to merge into five of the largest and most powerful companies in the United States. These five companies, known as the “Big 5,” control 62% of the US retail market, 52% of the US refining capacity and are the US major oil producers. The Big 5, can and do “at will” control the supply and price of oil and gas in America. The Big 5 consist of Exxon Mobil Corp., BP PLC, Royal Dutch Shell PLC, Chevron Corp., and Conoco Phillips.

http://www.thetruthbehindhighfuelprices.com/FTT.html

Hi Fellow High Fuel Cost Sufferers,
Found this site which sums up the problem we are facing and why. Read the rest of the article at above website. (Ethoskiwi)