EVER GET THE FEELING YOU’VE BEEN CHEATED?

If you suspect that you’re being completely gouged with the constantly increasing price of gas, you’re right. A study carried out by a group called The Foundation or Taxpayer and Consumer Rights in California reports that over 60 percent of the recent gas price spikes are the result of corporate markups and profiteering. “Oil companies are opportunistically using the rising world price for crude oil as an excuse to excessively raise gasoline prices and pump up their profits, even though the spot market price for crude has gone up far more slowly than gasoline prices,” said FTCR president Jamie Court. Meanwhile, if gas prices are really getting you down you can move to Venezuela, where the government-owned oil companies has kept the price of gas at 14 cents per gallon. (ConsumerWatchdog.org)