So the price of oil hits its highest (non-inflation-corrected) price ever, China’s demand continues to grow, there’s almost no spare production capacity, seasonal demand for refined gasoline is rising, EPA-mandated transition from winter to summer formulations are occurring, and refineries haven’t yet recovered fully from Katrina and various environmentally-based roadblocks to increasing production and capacity.
So Senator Charles “Chucky Gets Lucky” Schumer calls for a price-fixing investigation into whether refineries are deliberately holding back to cause gasoline to rise a few percent. I mean, if you ignore all the legitimate reasons, there must be a conspiracy to raise gas prices.
You know, if you’re a moron.
Therefore, he is a moron.