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anneofaspen
1 Comment
Exxon Mobil: The Root of all Evil? [view article]
why is it so hard for people to understand the economics of commodities, i.e., oil, copper, nickel whatever. The politicians fan the flames of ignorance, practice the cult of victimization and blame the evil cabal of oil executives for high energy prices. In their demonization of US oil companies they add support for all kinds of silly ideas, like energy independence from growing more corn, which is mostly a sop for the "farm vote". In their perverted wisdom to add government support for ethanol, and if ethanol is so important for energy independence in the US, why do they also impose a $.50 cent a gallon tariff on ethanol imports from Brazil???Lets tax the hell out of the US oil companies, and the next time they are looking at a multi billion dollar project to bring in more oil, they can decide to let it go by the way side to avoid more "windfall profits"
Apr 13 10:35 AM