Coming
in October
From Common Courage Press
Today's
Stories
August 26, 2003
Saul Landau
Bush: a Modern Ahab or a Toy Action
Figure?
Recent
Stories
August 25, 2003
Kurt Nimmo
Israeli Outlaws in America
David Bacon
In Iraq, Labor Protest is a Crime
Thomas P. Healy
The Govs Come to Indy: Corps Welcome; Citizens Locked Out
Norman Madarasz
In an Elephant's Whirl: the US/Canada Relationship After the
Iraq Invasion
Salvador Peralta
The Politics of Focus Groups
Jack McCarthy
Who Killed Jancita Eagle Deer?
Uri Avnery
A Drug
for the Addict
August 23/24, 2003
Forrest Hylton
Rumsfeld
Does Bogota
Robert Fisk
The Cemetery at Basra
Veteran Intelligence Professionals for
Sanity
Insults to Intelligence
Andrew C. Long
Exile on Bliss Street: The Terrorist Threat and the English Professor
Jeremy Bigwood
The Toxic War on Drugs: Monsanto Weedkiller Linked to Powerful
Fungus
Jeffrey St. Clair
Forest
or Against Us: the Bush Doctor Calls on Oregon
Cynthia McKinney
Bring the Troops Home, Now!
David Krieger
So Many Deaths, So Few Answers: Approaching the Second Anniversary
of 9/11
Julie Hilden
A Constitutional Right to be a Human Shield
Dave Lindorff
Marketplace
Medicine
Standard Schaefer
Unholy Trinity: Falwell's Anti-Abortion Attack on Health and
Free Speech
Catherine Dong
Kucinich and FirstEnergy
José Tirado
History Hurts: Why Let the Dems Repeat It?
Ron Jacobs
Springsteen's America
Gavin Keeney
The Infernal Machine
Adam Engel
A Fan's Notations
William Mandel
Five Great Indie Films
Walt Brasch
An American Frog Fable
Poets' Basement
Reiss, Kearney, Guthrie, Albert and Alam
Website of the Weekend
The Hutton Inquiry
August 22, 2003
Carole Harper
Post-Sandinista
Nicaragua
John Chuckman
George Will: the Marquis of Mendacity
Richard Thieme
Operation Paperclip Revisited
Chris Floyd
Dubya Indemnity: Bush Barons Beyond the Reach of Law?
Issam Nashashibi
Palestinians
and the Right of Return: a Rigged Survey
Mary Walworth
Other People's Kids
Ron Jacobs
The
Darkening Tunnel
Website of the Day
Current Energy
August 21, 2003
Robert Fisk
The US
Needs to Blame Anyone But Locals for UN Bombing
Virginia Tilley
The Quisling Policies of the UN in Iraq: Toward a Permanent War?
Rep. Henry Waxman
Bush Owes the Public Some Serious Answers on Iraq
Ben Terrall
War Crimes and Punishment in Indonesia: Rapes, Murders and Slaps
on the Wrists
Elaine Cassel
Brother John Ashcroft's Traveling Patriot Salvation Show
Christopher Brauchli
Getting Gouged by Banks
Marjorie Cohn
Sergio Vieira de Mello: Victim of Terrorism or US Policy in Iraq?
Vicente Navarro
Media
Double Standards: The Case of Mr. Aznar, Friend of Bush
Website of the Day
The Intelligence Squad
August 20, 2003
Robert Fisk
Now No
One Is Safe in Iraq
Caoimhe Butterly
Life and Death on the Frontlines of Baghdad
Kurt Nimmo
UN Bombing: Act of Terrorism or Guerrilla War?
Michael Egan
Revisiting the Paranoid Style in the Dark
Ramzi Kysia
Peace
is not an Abstract Idea
Steven Higgs
NPR and the NAFTA Highway
John L. Hess
A Downside Day
Edward Said
The Imperial Bluster of Tom Delay
Jason Leopold
Gridlock at Path 15: the California Blackouts were the "Wake
Up Call"
Website of the Day
Ashcroft's Patriotic Hype
August 19, 2003
Jeffrey St. Clair
Blackouts Happen
Gary Leupp
"Our Patch": Australia v. the Evil Doers of the South
Pacific
Sean Donahue
Uribe's Cruel Model: Colombia Moves Toward Totalitarianism
Matt Martin
Bush's Credibility Problem on Missile Defense
Juliana Fredman
Recipe for the Destruction of a Hudna
John Ross
Fox Government's Attack on Mexican Basques
Sasan Fayazmanesh
What Kermit Roosevelt Didn't Say
Website of the Day
Tom Delay's Dual Loyalities
August 18, 2003
Uri Avnery
Hero in War and Peace
Stan Goff
The Volunteer Military and the Wicked Adventure
Cathy Breen
Baghdad on the Hudson
Michael Kimaid
Fight the Power (Companies)!
Jason Leopold
The California Rip-Off Revisited: Arnold, Milken and Ken Lay
Matt Siegfried
The Bush Administration in Context
Elaine Cassel
At Last, A Judge Who Acts Like a Judge
Alexander Cockburn
Judy Miller's War
Harvey Wasserman
The Legacy of Blackout Pete Wilson
Website of the Day
Fire Griles!
Congratulations
to CounterPuncher Gilad Atzmon! BBC Names EXILE Top Jazz CD
August 16 / 17, 2003
Flavia Alaya
Bastille
New Jersey
Jeffrey St. Clair
War Pimps
Saul Landau
The Legacy of Moncada: the Cuban Revolution at 50
Brian Cloughley
What Has Happened to the US Army in Iraq?
William S. Lind
Coffins for the Crews: How Not to Use Light Armored Vehicles
Col. Dan Smith
Time for Straight Talk
Wenonah Hauter
Which
Electric System Do We Want?
David Lindorff
Where's Arnold When We Need Him?
Harvey Wasserman
This Grid Should Not Exist
Don Moniak
"Unusual Events" at Nuclear Power Plants: a Timeline
for August 14, 2003
David Vest
Rolling Blackout Revue
Merlin Chowkwanyun
An Interview with Sherman Austin
Adam Engel
The Loneliest Number
Poets' Basement
Guthrie, Hamod & Albert
Book of the Weekend
Powerplay by Sharon Beder
August 14, 2003
Peter Phillips
Inside
Bohemian Grove: Where US Power Elites Party
Brian Cloughley
Charlie Wilson and Pakistan: the Strange Congressman Behind the
CIA's Most Expensive War
Linville and Ruder
Tyson
Strike Draws the Line
Jim Lobe
Bush Administration Divided Over Iran
Ramzy Baroud
Sharon Freezes the Road Map
Tom Turnipseed
Blowback in Iraq
Gary Leupp
Condi's
Speech: From Birgmingham to Baghdad, Imperialism's Freedom Ride
Website of the Day
Tony Benn's Greatest Hits
August 13, 2003
Joanne Mariner
A Wall of Separation Through the
Heart
Donald Worster
The Heavy Cost of Empire
Standard Schaefer
Experimental Casinos: DARPA and the War Economy
Elaine Cassel
Murderous Errors: Executing the Innocent
Ralph Nader
Make the Recall Count
Alexander Cockburn
Ted Honderich Hit with "Anti-Semitism" Slur
Website of the Day
Defending Yourself Against DirectTV Lawsuits: 9000 and Counting
August 12, 2003
Ron Jacobs
Revisionist History: the Bush Administration, Civil Rights and
Iraq
Josh Frank
Dean's Constitutional Hang-Up
Wayne Madsen
What's a Fifth Columnist? Well, Someone Like Hitchens
Ray McGovern
Relax,
It Was All a Pack of Lies
Wendy Brinker
Hubris in the White House
Website of the Day
Black
Mustache
Hot Stories
Dardagan,
Slobodo and Williams
CounterPunch Exclusive:
20,000 Wounded Iraqi Civilians
Steve
J.B.
Prison Bitch
Sheldon
Rampton and John Stauber
True Lies: the Use of Propaganda
in the Iraq War
Wendell
Berry
Small Destructions Add Up
CounterPunch
Wire
WMD: Who Said What When
Cindy
Corrie
A Mother's Day Talk: the Daughter
I Can't Hear From
William Blum
Myth
and Denial in the War on Terrorism
Standard Schaefer
Experimental Casinos: DARPA and the War Economy
Uzma
Aslam Khan
The Unbearably Grim Aftermath of War:
What America Says Does Not Go
Paul de Rooij
Arrogant
Propaganda
Gore Vidal
The
Erosion of the American Dream
Francis Boyle
Impeach
Bush: A Draft Resolution
Click Here
for More Stories.
|
August
26, 2003
The Great Oil Gouge
Burning
Up that Tax Rebate
By DAVID LINDORFF
Remember that $400 family credit
that you got from the IRS (assuming you weren't one of those
8 million poor families that the Republicans and the president
decided didn't deserve a tax rebate)?
Well, if your family
has the typical two cars and two drivers, and you each drive
the typical 15,000 miles a year and get the typical 20 miles
per gallon, that windfall will be more than eaten up by New Years
by what might be called the Bush/Cheney oil price surcharge,
which has seen gas prices soar in recent weeks to the high they
reached last March on the eve of the war against Iraq. And that's
not counting the even more additional money you'll be forking
over for heating oil this winter, which for a typical home in
the Northeast or Midwest, could be $450-500 (not to mention your
higher electric bills, since a lot of U.S. electricity is generated
by oil-fired plants, besides which coal and natural gas prices
rise in tandem with oil prices).
Think back a bit to when
oil prices were surging last March. The oil industry at the time
blamed those record high prices on the unusually cold winter,
which had depleted crude oil reserves, and on concern over threats
to the Middle Eastern oil supply as a result of the coming war--concerns
which caused oil traders to bid up the per-barrel price of crude
oil.
Of course, the war never
did produce any delays in Middle Eastern oil deliveries, and
in fact, some Iraqi oil is now being added to the world market, which should be bringing
prices down, not up. And there certainly hasn't been any unusual
demand placed upon supplies.
So why the record increase,
which the Lundberg Survey says over the past two weeks has been
the largest price hike on record since the outfit began keeping
records 50 years ago?
According to the oil industry, the problem this time was temporary
refinery shutdowns caused by the East Coast blackout, and by
a break in a pipeline in Arizona.
Does anyone really believe
this malarky? The blackout lasted a couple of days, and was not
nationwide. Indeed, it was in an area--the Northeast--not particularly
known as a center of oil drilling and refining. There was no
blackout in California, or in Texas, or even in the Southeast--all
areas with far more refinery activity. And as for that pipeline
in Arizona, it is not that crucial to U.S. oil supplies except
in Arizona and New Mexico.
What's really going on
here is collusive price gouging by an industry with a history
of such behavior, and one that in this current political environment
has become almost synonymous with the national government.
In recent years, the
number of oil firms in the country, and the world, has been dramatically
reduced, with the mergers of Exxon and Mobil, of Amoco and Arco
and British Petroleum, and of Texaco and Chevron. That means
a lot fewer companies competing.
In addition, the oil
industry long ago learned how to collude on pricing without having
to technically violate the anti-trust laws by sitting together
in a single room or chatting on a single phone hook-up. Because
these companies share refineries, share tank farm storage facilities,
and share pipelines, it's easy for each company to know all the
details of its "competitors'" production plans, reserves,
distribution and pricing. There are few if any secrets among
them. That's about all you need to have collusion in an industry
where the main product is a commodity, priced the same the world
over. And collusion clearly works far better in this industry's
interest than competition.
Everyone has seen how
collusion works at the retail level. In my own community, I have
three gas stations all within a block of each other--an Exxon
station, a Sunoco station and a Texaco station. Every time one
garage raises its price by a penny, the other two follow suit
with a speed that makes your head spin. Rarely are any of them
out of line by more than a penny.
The other thing you've
probably noticed is that whenever some incident happens in the
news that might logically be construed as crimping oil production
or delivery--say a pipeline break or a blackout--prices at the
retail pumps jump.
Immediately.
Yet the gas in the tanks
underground was put there days ago, and was refined weeks, or
even months ago.
Notice what happens when
the pipeline gets fixed or the lights come back on though.
Did the pump price drop
right back down?
No. That takes weeks,
if it happens at all.
That is not the behavior
of a competitive market.
And at the producer level,
the situation is even more corrupt and non-competitive.
We Americans, who live
and die by the automobile and by the oil that fuels it, are quick
to condemn the slightest increase in our taxes (and to praise
any politician who reduces our tax bill by even a tiny amount).
Yet so indoctrinated are we with "free market" ideology,
that we accept without a word of protest any increase in our
fuel prices as a natural disaster over which we have no power
or say.
Not that this Administration,
whose key members almost all hail from the oil patch, would ever
order an anti-trust investigation of the oil industry, even if
we did start rebelling.
Dave Lindorff
is the author of Killing
Time: an Investigation into the Death Row Case of Mumia Abu-Jamal.
A collection of Lindorff's stories can be found here: http://www.nwuphilly.org/dave.html
Weekend
Edition Features for August 23 / 24, 2003
Forrest Hylton
Rumsfeld
Does Bogota
Robert Fisk
The Cemetery at Basra
Veteran Intelligence Professionals for
Sanity
Insults to Intelligence
Andrew C. Long
Exile on Bliss Street: The Terrorist Threat and the English Professor
Jeremy Bigwood
The Toxic War on Drugs: Monsanto Weedkiller Linked to Powerful
Fungus
Jeffrey St. Clair
Forest
or Against Us: the Bush Doctor Calls on Oregon
Cynthia McKinney
Bring the Troops Home, Now!
David Krieger
So Many Deaths, So Few Answers: Approaching the Second Anniversary
of 9/11
Julie Hilden
A Constitutional Right to be a Human Shield
Dave Lindorff
Marketplace
Medicine
Standard Schaefer
Unholy Trinity: Falwell's Anti-Abortion Attack on Health and
Free Speech
Catherine Dong
Kucinich and FirstEnergy
José Tirado
History Hurts: Why Let the Dems Repeat It?
Ron Jacobs
Springsteen's America
Gavin Keeney
The Infernal Machine
Adam Engel
A Fan's Notations
William Mandel
Five Great Indie Films
Walt Brasch
An American Frog Fable
Poets' Basement
Reiss, Kearney, Guthrie, Albert and Alam
Website of the Weekend
The Hutton Inquiry
Keep CounterPunch
Alive:
Make
a Tax-Deductible Donation Today Online!
home / subscribe
/ about us / books
/ archives / search
/ links /
|