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Saturday, April 23, 2011

Public Utilities Commison to regulate gasoline prices!


In our dreams!

The P.U.C. regulates privately owned electric, natural gas, water, railroad, rail transit, passenger transportation companies, telecommunications and even cable televsion.  In California the P.U.C. serves the public interest by protecting consumers and ensuring the provision of safe, reliable utility service and infrastructure at reasonable rates, with a commitment to environmental enhancement and a healthy California economy. (CPUC)

How is it possible that the GASOLINE has escaped this regulation?

Tuesday, April 19, 2011

That is Billion with a "B" and Profit with a "P"!

BP (British Petroleum) announced 02/01/2011 that it would restore its dividend and that it made a fourth-quarter profit of $5.6 Billion, a 30 percent increase from the same period a year earlier.