Refinery Troubles Lead to Record High Prices

Oil Refinery Burns
Originally uploaded by sbove

Just in time for summer...imagine that...

Oil-mega-company profits are at record highs (one oil executive made $300 million last year in compensation).

But according to the NYT, our oil refineries are disintegrating and can't keep up with demand. Ahoy fellow summer travelers...short supply is being engineered with every trick in the play book. Read more here.