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I don't understand any of this. Katrina made gas go way up for 3 weeks, and the oil companies said it was because the the refining was shut down. Refining takes 60-90 days!!! Then 3 months later gas was back down when it should have been way up. These oil companies are making up reasons for oil to be so high. The also know we aren't going to stop buying the stuff. The thing is, we can't do much about it, yah there are audits and investigations but that's not gonna do anything. What is comes down to is basic economics and price elasticity. They have found out, after Katrina, that there is a ton of flex in how much they can charge for the stuff.
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