Pulling into his local Texaco station, Don McCullough, a Wolfeboro, New Hampshire, artist, blinked and looked again. The price for high-test gasoline had jumped overnight from $1.36 per gal. to $1.49. "I couldn't believe it," he says. Blame the steep increase on the Iraqis and a problem in a Philadelphia refinery, said the attendant.
Oh, no you don't!
We want to blame Big Oil. It has given us precious little to work with in the past couple of years, save the occasional assault on the environment. Indeed, the price of oil and gas just kept falling, as did industry profits....
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