Why are Our Gas Prices So High

Why are our gas prices so high? Maybe it's because Exxon Mobile Corp just reported the biggest profit ever in a quarter by any U.S. corporation. They made $11.68 billion, which is up 40% from last year. Then to confuse matters, oil man Bush is trying to push this bill for more off-shore drilling down our throats. Claiming that it will help alleviate fuel prices, by giving U.S. companies more of a supply. "To reduce pressure on prices, we need to increase the supply of oil, especially here at home," Bush told reporters this week. It turns out that these companies, Exon Mobil and others, all ready have an over abundance of oil, because, according to the Department of Energy, their exports went up 31% from a year ago. It sounds like to me that Bush is jockeying for a job as a CEO for one of these companies, once he is booted out of office in January. Read more here and here.