Tuesday, May 09, 2006

Political bluster no way to handle a fuel crisis

You don’t have to have your ear to the tracks to hear the hullabaloo blaming “big oil” and Americans’ “addiction” to foreign oil for alarmingly high energy prices. Once again, snake-oil salesmen are out-shouting reasoned discussions about three-dollar gas.

The clamor from Capitol Hill is one example. Capitalism has become a dirty word. Congressional leaders from both sides are demanding investigations of oil companies for “price-fixing,” “price-gouging” and “windfall” profits.

( Full story here )

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