Gas Spike Takes $5 Billion From The 99 Percent And Gives It To Big Oil

Gas Spike Takes $5 Billion From The 99 Percent And Gives It To Big Oil: pThe surging price of gasoline means that the 99 percent are giving big oil companies a $5 billion windfall, a Center for American Progress analysis estimates. Oil prices, which averaged a near-record $103 per barrel in 2011, have risen steadily since the beginning of 2012. In tandem with oil prices, gasoline prices are also rising [...]/p