Thursday, June 19, 2008

If you're not terrified by this...

...then you might want to check yourself for a pulse.

If you think gas prices are out of control now, wait until it takes an act of congress to change how much and what type of fuel we're refining.

Think long and hard at the polls this November, kiddies, this one may actually count for something...


Mr. Clio said...

I'm not terrified by that. There is no way that will happen.

This is Fox News sensationalism made to order for a certain clientele.

The oil industry just will not allow it. I'm not a conspiracy theorist. It's just that there are too many interests that will be affected by what this "news" article describes. We're a democratic republic after all, and an array of powerful lobbies will prevent it.

S.A.W.B. said...

I respectfully disagree, Mr. Clio.

It is entirely plausible that certain members of the congress would play up the high gas prices to their constituencies in an election year, and promise said constituents that 'they'll take control of these here gas prices' for the price of their continued support.

It wouldn't take much more than a minor groundswell in an election year to get a majority in both houses to be in favor of this 'sensationalism', ram this through congress in January, and have it signed by (god help me) President Obama.

The oil lobbies, so far, have shown little to no backbone when dealing with the big, bad, congress during these insipid hearings on the price of oil and gas, that have been little else than a grandstand for the politicians to denounce things they think their voting bloc will run with.

So, yes, I'll remain terrified until after November 4th, when hopefully cooler, more logical heads have prevailed.

Cousin Pat from Georgia said...

"The oil lobbies, so far, have shown little to no backbone when dealing with the big, bad, congress"

Do WHAT?? Ignoring, for the moment, the sham-like nature of these "hearings," how can it be that the oil lobbies are showing "no backbone." They've been winning this fight for years. They could send interns to these hearings if they wanted to.

Even if the government grew the balls to take control of the refineries (which they will be unable to do in this era since half the country blames the government for high oil prices in the first place), all that would do is force the government to contract out the running of said refineries to the same people who run them now.

Which would raise the price of gasoline while oil companies made even MORE money. Hell, if I were the oil companies I'd let Congress go ahead with it...