The governors of eight states sent a letter on Tuesday to President Bush and Congress calling for an investigation into profits made by oil companies after Hurricane Katrina and asking for legislation that would require the companies to refund to customers any profits deemed excess.....
....gas prices surged disproportionately compared with crude oil price increases. The price markup from crude oil to gasoline has almost tripled since the hurricane[.]
LA Times: Aid Bills Unleash Capitol's Pet Causes
Energy industry lobbyists and their congressional allies also have seized on the higher fuel costs to push long-sought energy initiatives, such as relaxing a decades-old ban on new offshore oil drilling in most U.S. coastal waters and reviving a proposal by President Bush to encourage building refineries on closed military bases.
"Hurricane Katrina has shown us how poor our energy safety net is, with so much production in the Gulf Coast region," said Sen. Craig Thomas (R-Wyo.).
Barton, chairman of the House energy committee, said: "Given what's happened with Katrina, I think the country is much more receptive" to his bill, which would expedite the permit process for building or expanding refineries in high-unemployment areas.
Look over there! A black person running away with a bottle of water! Don't look at the oil companies!
Wow, when I typed that I Freudianly wrote "boil companies". They are like a boil which needs to be lanced. This country must get rid of the Bush-Cheney (b)oil regime and take our country back.
Posts
No comments:
Post a Comment