Product Description

When it comes to high gas prices do you feel helpless? Should we believe oil company's reasons for higher oil prices? OPEC...are they to blame? Are our elected officials doing everything possible to stop spiraling, out of control gas and heating costs? Learn the truth about the oil and gas industry and what you can do to bring gas prices down, give us clean renewable energy and give us national security.You'll find the answer to all these questions and more as Richard Clough-a former gas station owner and dealer-takes you on a guided tour through the hidden business practices of oil companies. In the process, Richard will debunk many of the oil companies' excuses for today's high gas prices. Richard will also expose how US energy and foreign policy affects our national security, and why the path we're currently on will lead to gas price spikes, higher prices and more "blood for oil" conflicts. He'll reveal:

* Which oil companies do business with countries that support terrorists. * Who are the real terrorists holding Americans hostage at the gas pumps. * How the US foreign policy affects energy policy and the price you pay for oil and gasoline. * What Enron has in common with the "Big 5" oil companies. * A plan for energy independence that would cut our reliance on foreign oil.

Richard Clough is a former gas station owner who learned the secret inner workings of the oil industry first-hand. He was party to litigation against a major oil company. This book is the product of Richard Clough's business experiences, research and two year lawsuit that resulted in the settlement that was finally obtained. Government leaders, media, economic organizations, watchdog groups-and individual consumers-will all benefit from Richard's insights into what drives gas prices higher and higher. It is the hope of the author that citizens from all walks of life will find themselves compelled to do their part to ensure that the people around the world are delivered from this unmitigated economic extortion.

Product Details

• Amazon Sales Rank: #1747482 in Books
• Published on: 2006-04-21
• Original language: English
• Number of items: 1
• Binding: Paperback
• 208 pages

From the Publisher
Contents Chapter1 – Record Profits

Are Americans paying for the Oil Industry’s record profits? Chapter 2 – Oil Companies

Who are these money-guzzling corporations? Chapter 3 – Competition or Collusion

Is there a competitive market with a level playing field? Chapter 4 – Oil Company Control

Who is really making the money? Chapter 5 – Federal Trade Commission

Regulators or Cohorts? Chapter 6 – Pricing Across America

Why do prices vary across the country? Chapter 7 – Refineries

Who Owns Them? Why are they important? Chapter 8- Excuses, Excuses, Excuses

The typical story lines when prices go up at the pump. Chapter 9 – Oil Suppliers

Why so much talk about OPEC?

Chapter 10- Stopping the Madness

Can Oil Companies be Trusted?

"The Truth Behind High Fuel Prices: What Oil Companies Do Not Want You to Know" is a very timely book written by former station owner and Texas businessman, Richard Clough. Mr. Clough answers many of your questions and other questions about oil industry practices. This book goes behind the scenes of today's skyrocketing fuel prices and divulges the real truth. Thank you,

From the Author
My Vision For America

To give America and it's citizen energy, economic,environmental and national security. That America would not be held hostage by the policies of the oil industry and the politics of this country. That alternative energy would be brought to market to free America from its dependence on foreign oil. And that citizens hold our elected leaders responsible for setting policy that sets us free from oil and the terrorism that comes with it.

Quotes from Richard "If the United States Department of Energy statement is true that oil and natural gas are the lifeblood of the U.S. economy, then American consumers are in the process of having their throats cut and will slowly bleed to death."

"Big 5 oil companies operate very similarly to the way OPEC operates, by controlling supply. Less supply means higher prices for the consumer and higher profit for oil companies. Even the Federal Trade Commission's own analysis has shown that a decrease in supply or increase in demand of five percent will result in a 30% to 40% increase in wholesale prices."

"Who is monitoring refinery utilization? Oil companies are, that's who? That is like foxes watching over their own hen houses."

"This oligopoly the Federal Trade Commission has created, at the expense of the America consumer, has created such market concentration and market control that the Big 5 can manipulate the supply and price of petroleum products."

From the Inside Flap
"Oil Companies continue to have record profits year after year -- and people want to know how they continue to do it... Your book will tell them the real answers... I hope that legislators and consumers read your book and take action!"

DENNIS DECOTA Executive Director for the California Service Station and Automotive Repair Association

Exxon-Mobil, Royal Dutch Shell, BP-Arco,Chevron-Texaco and Conoco-Phillips control the oil and gas industry and are called the Big 5. Hear is a sampling of what you will learn from my book, The Truth Behind High Fuel Prices.

What is the integrity and character of the Big 5 oil companies?

What is the relationship between oil producer, refinery, gas terminal and gas stations?

Is there a difference in gasoline and octane rating?

How much money do company owned gas stations make versus independent gas stations?

Why are independent refineries important to the U.S. and to the consumer?

Is the Federal Trade Commission and our government protecting consumers?

Do oil and gas companies collude, price fix and manipulate the market?

Is there really a shortage of crude oil or gasoline?

Don't we have enough domestic resources to provide for U.S. fuel needs or are we helplessly reliant on foreign sources for our oil and gas?

Customer Reviews

Shining the Light on "Big Oil"
I have to say that the author takes a very complex subject and breaks it down nicely. The author worked in the oil industry and maximizes his intimate experiences with the oil companies in order to educate the reader as to why a lack of competition is behind high fuel costs. I admit that the book takes concentration on the part of the reader, but Richard tackles a tough issue and he explains almost every detail of the industry, analyzes the data, formulates conclusions, and then offers some viable recommendations. I added the book to my home library and will refer to it in the future--an excellent work.