Thursday, September 01, 2005

Clueless Dean & Gas Prices: Redux

Who do you trust to run your country? Well, not Democrats, at least not today. DNC Chairman Dean suggested that "Big Oil" companies should stop "gouging" Americans at the gas pumps. Sr. Dean doesn't seem to understand how gasoline is sold in this country. Sr. Dean seems to think that Oil Companies "own" the gas stations simply because they happen to have the same name as the oil company. Sr. Dean is ignorant of the fact that most of these gas stations are leased from the oil company in question and are de facto independent dealers who make profits on the gas they sell. True, the wholesale price is often dictated to them by the oil company in question, but it isn't as if Chevron or Shell could simply say "OK, we are only going to sell gas at $2/gallon at all our branded stations for the next month." They simply don't have the power to do so. Earth calling Dean. Go take your medicial continuing education classes and go back to being a doctor.

Asked in an interview on ABC's "Good Morning America" if U.S. oil companies should forfeit profits during the crisis, Bush said instead American corporations should contribute cash to hurricane relief funds.

Howard Dean, chairman of the Democratic National Committee, seized on that comment. He said that while Bush was "asking ordinary Americans to do more, he ought to show some real leadership, and call on his friends in Big Oil to join in the sacrifice and stop gouging American families at the gas pump."


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