I'm tired of lying propaganda, readers!
"Oil Refiners See Profits Sink as Consumption Falls"
"While drivers are facing sticker shock at the pump these days, here is a bigger shock: high prices are putting a strain on oil refiners.
After last year’s stellar profits, American refiners are going through a traumatic period.
Awwwwww, poor oil refiners!
Then the American people are going through a fatal experience, aren't they?
In a time of record gasoline prices, some of them actually lost money in the first quarter, and for virtually all refiners, profits are down sharply.
Experts say the refiners are caught in a double bind. The price of their raw material, oil, is rising because of strong global demand. At the same time, consumption of gasoline in the United States is falling as a result of slower economic growth and consumer efforts to conserve.
However much the companies would like to raise gasoline prices enough to pass along the full increases in oil, analysts say they have been unable to do it. Oil prices doubled in the past year, while wholesale gasoline prices rose a mere 39 percent.
Can you believe this BS?
“Refiners are having a terrible time,” said Lawrence J. Goldstein, an economist at the Energy Policy Research Foundation....
Gasoline prices rose on Tuesday to a nationwide average of $3.73 a gallon, according to AAA, the automobile club. That is yet another record...."
Yup, YOU are getting stuck up the ass, Americans, but the New York Times here wants you to know how poor the oil refiners are!!
How much longer are you going to take this shit, 'murkns? Forever?
