In a very interesting exchange tonight on The Factor, Neil Cavuto really tore into Bill, albeit very calmly, about the so called price gouging of the oil companies. Bil has gone on and on recently about how oil companies are gouging us at the pump, especially since the recent drop from a the mid $100 a barrel prices to the now sub-$100 prices.
Sounds like a fair enough argument right? Well, until you expand your facts a little bit to show that when oil prices tripled, prices at the pump didn’t triple. So it is OK for oil to go up and prices not, but not the reverse?
Gotcha Bill.
The sad part is that Bill didn’t care about the facts. How sad.
Further Reading
Tags: oil
