It might be capitalism, but it sure isn't American

2013-07-21T00:00:00Z It might be capitalism, but it sure isn't American nwitimes.com
July 21, 2013 12:00 am

We are now faced with another round of mysterious problems at regional refineries that come up at a moment when oil prices start moving upward. The reason, nationally, is unrest in Egypt and another rash of suspicious refinery problems.

At what point do our elected officials start to look at price-fixing and collusion in an industry still recording record profits?

The American people are footing an enormous gas bill that is paying for the modernization of multiple plants to accept new fuels with the promise of cheaper fuel, yet word leaking out of Congress is that these same oil companies are also seeking approval to sell their oil overseas for higher prices.

Capitalism it might be called, but it most certainly is not American.

- Tom Hyberger, Munster

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