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I think you're right and I also think the oil industry should be declared a public utility and it's pricing subject to approval of the FCC. It keeps the electric and gas companies from doing exactly what the oil industry is doing. Remember, the Sherman Anti-Trust Act was passed to break up Standard Oil. Oil companies have gouged us for decades. Enough, I say!!
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I was just thinking this the other day, and my coworkers thought I was nuts! Glad to see see other people are thinking the same thing....