Friday, October 28, 2005

Record oil earnings!

This is ridiculous!

Oil and gas companies are reporting record earnings!

Even the notoriously oil friendly Republicans are catching on to this one!

The profits have led even some Republicans who are normally seen as friends of the oil industry, such as Senate Majority Leader Bill Frist and House Speaker Dennis Hastert, to call for hearings into the profits gushing from the nation's energy producers.

"Oil and gas companies are enjoying record profits. That is fine. This is America," Hastert said in a statement.

"However, there have been allegations of price gouging in the wake of the hurricanes. This is unacceptable, and any company who does it will be prosecuted," he added. "Our oil companies need to do more to inform the American people about what they are doing to bring down the cost of oil and natural gas."


I don't know that I like the idea of the Feds just taking some of the money away from them. How about they find out if they're gouging us and give US the money back! When a bank robber steals the bank's money, doesn't the bank get it back when they guy is caught? I think so!

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