It's becoming clear that Democrats are hellbent on destroying the US economy with their latest round of demagoguery, as they once again call oil execs on the carpet while doing absolutely nothing but stand in the way of increased domestic production. This is all to divert blame from themselves and appease their kook base with anti-free enterprise rhetoric
"Where is the corporate conscience?" Sen. Dick Durbin, D-Ill., asked the top executives of the five largest U.S. oil companies.
How does this jerk walk around with those big brass ones clanging around? Where is his conscience in refusing to allow more drilling and exploration within our own borders while mandating that we burn 25% of our corn. By now Durbin and his cronies must know the difference between profit and profit margin, but they pretend they don't. It's more important to score points with the economic morons back home than think about the country's security and future. What's going on here is nothing less than criminal malfeasance.
Speaking of crimes, National Review makes the point that congress is violating the very law it passed last week whereby they are trying to criminalize OPEC. That law, which I'm sure has been the source of much amusement in Ryadh, says in part:
"It shall be illegal and a violation of this Act . . . to limit the production or
distribution of oil, natural gas, or any other petroleum product . . . or to
otherwise take any action in restraint of trade for oil, natural gas, or any
petroleum product when such action, combination, or collective action has a
direct, substantial, and reasonably foreseeable effect on the market, supply,
price, or distribution of oil, natural gas, or other petroleum product in the
United States."
That's exactly what congress is doing right now.
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