Oil Company Price Gouging

The fall of 2005 will forever be remembered for many things but the rise in the price of gasoline will definitely be in the forefront. The drastic weather in the gulf was considered a contributing factor to the change in the prices of gasoline and heating oil. The price changes have surprised and affected everyone directly and indirectly. The prices reaching an all time high have left its' mark on the middle and lower economic class people across the nation. Prices for gasoline doubled in some areas and nearly tripled in others. Although all classes have been affected by the upward spiraling prices it is felt most by the lower of economic standing persons.
When prices first started to escalate the public was informed that it was due to the weather conditions that were affecting the refineries that were located along the gulf coast. Due to an especially turbulent hurricane and tropical storm season this year. …