He has literally been the ideological godfather of the privatization of health care and fiscal irresponsibility with regards to the budget deficit. Bill Thomas to me as a Republican is an embarrassment. |
Hurricane Katrina will only increase the probability of profiteering and should be a wakeup call to legislators, |
Hurricane Katrina will only increase the probability of profiteering and should be a wakeup call to legislators. |
If I came to my job and a third of the time didn't do what I was supposed to, I wouldn't have a job, |
In addition, the spot price is higher than most oil companies pay, since they either harvest their own crude or pay more stable and often much lower contract prices. |
intentionally reduced refining capacity to pump up profits to world-record levels. |
is a way special interests have found to get lawmakers to do what they want. |
It just shows that the governor's fundraising is on automatic pilot. Only when there's a spotlight cast on his activities will he ever think about returning the money. |
Oil companies have jacked up gasoline prices through a simple mechanism: reducing inventories and refining capacity, |
Oil companies have jacked up gasoline prices through a simple mechanism: reducing inventories and refining capacity. |
Oil company profiteering, not increased production costs, are the cause of the price spikes at the gasoline pump. Hurricane Katrina will only increase the probability of profiteering. |
Representative Barton's legislation rolls out the red carpet for oil company profiteers who have intentionally reduced refining capacity to pump up profits to world record levels, ... Since deregulation in 1982, oil consumption has increased 33 percent, but oil companies have reduced refining capacity by about 10 percent. The answer is not more carrots for the industry, like gutting environmental laws and immunizing companies for the harm they cause, but sticks such as forcing companies to invest in beefing up refining capacity when it is needed. We need supply side regulation, not more supply side economics. |
Senators have wanted to have it both ways. |
The answer is not more carrots for the industry, like gutting environmental laws and immunizing companies for the harm they cause, but sticks, such as forcing companies to invest in beefing up refining capacity when it is needed, |
The Attorney General should make clear that if oil companies raise wholesale gasoline prices without cause then the companies will be prosecuted for gouging consumers at the pump since station owners have very little choice over how much they can charge, |