We would be at where we are today if Katrina had never happened. |
We've seen a big increase in the percentage of customers who pay for gas with Visa and MasterCard instead of cash, and they also are shifting away from cards like American Express that have to be paid off in full every month. |
While oil companies continue to blame crude oil prices and ethanol additives for the recent gasoline price spikes in California, the chief cause is increased profiteering by oil companies that have previously posted world record profits. |