Root causes
Steve Egg lays ‘em out:
By a vote of 324-84, including the entire Wisconsin delegation in the aye column, the House of Representatives passed a law designed to do two things that will do everything but reduce gas prices:
- Allow anti-trust suits against OPEC.
- Demand the 932nd investigation into price-fixing by Big Oil.I’ll briefly take the second item first. Because of the jackasses in Congress, including the fucktards in the Senate that refused to open up the Colorado oil shale fields, we’re at the extreme high end of the supply-demand curve. OF COURSE there’s going to be massive speculation when demand outstrips supply, and said speculation is going to leverage prices beyond what it would if there was a better balance between demand and supply. I will point out the 931 previous investigations all found that there was no collusion between the traders to keep the price high; what the fuck is going to be different with the 932nd?
Nada, that’s what. But it’ll be a fine opportunity for socialist dipshits from both parties to posture for the liberal media, standing up for the “little guy” against the evil plutocrats who actually, y’know, supply the fuel the little guy needs to drive to work every day. You know, the same fuel needed to run our entire fucking economy.
The empty-suit Congressional blowhards are allowing our energy policy to be run by a passel of know-nothing neo-Luddites whose whole position can only be understood by recognizing that they are not only anti-affordable energy, but also anti-growth and, finally, reflexively anti-capitalism. It’s way past time to treat them with all the serious and respectful consideration their let’s-all-starve-in-the-dark flapdoodle merits: none whatsoever.
Update! More from Michelle, with a great cartoon perfectly illustrating one of the real problems here. Hint: it ain’t “obscene” profits. Well, unless you count truly obscene taxes as “profits” — which, for the government, I suppose they are.
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