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Monday, May 27, 2013
Memorial Day Driving By The Numbers (ThinkProgress Infographic)
Following CAP’s piece detailing exactly what it means to use gasoline to travel this Memorial Day weekend, here is an infographic that shows the cost of Big Oil. Gas prices are rising in the Midwest and spot crude oil prices for the West Texas Intermediate benchmark is nearly $5 per barrel higher than last year at this time.
The oil industry uses high prices to make big profits, spends them to keep their tax breaks, and then pushes for more dirty, unconventional oil like Canadian tar sands — which will not have any impact on gasoline prices.