[jtal]

Since he said “gas prices” and not “oil prices” I presume the object of his ire was the refining industry and not oil producing nations/cartels, yes?

When the raw material goes from $45/barrel (1/09) to $112/barrel (today) what should the refiners/retailers do?

Should they be compelled to sell gasoline at a loss?

[Prokopton]

Since he said “gas prices” and not “oil prices” I presume the object of his ire was the refining industry and not oil producing nations/cartels, yes?

He has made it clear on many occasions that he is talking about the oil cartels, the ones who depend for protection on the U.S. military. That is why he believes we have a right to demand stable pricing. Many refineries are operating at a loss.