Fear and Loathing, and Oil Prices

Oil prices are spiralling out of control (again), so what is George doing about it?

In an attempt to dampen the rise in petrol prices, George Bush yesterday announced that the US would no longer buy crude oil for its strategic petroleum reserve in order to ease demand.

In other moves, the US president said he would propose relaxing environmental rules to make it easier to build refineries as a shortage of refining capacity is one of the main reasons for high prices.

So forget about the fact that Mr. Bush has a financial interest in the oil industry, and relaxing environmental controls certainly wouldn't hurt biz either.

But it is, above all, the threat of a military clash between the US and Iran that is pushing up oil prices.

Lest we also forget the fact that this was the same malarkey we were sold before the two previous Iraqi Wars, BUT did the prices come back down again?

NOT!

And why does it always happen just before the summer season when we drive more? Do they really think we're that stupid? Apparently so.

I am so fed up with being lied to by corporations and politicians that have a vested interest in oil prices and their excuses for dipping into my pocket.

Here's a radical thought. How's about Georgey and family pulling out of the oil business altogether and donating their profits to alternative fuel development. What say you George?

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