Friday, May 23, 2008

Maxine Waters: Socialize the Oil Companies

Now, if the US government and the Democrats like Ms. Waters were truly interested in erasing the oil companies’ record profits and helping the American consumers, then they would be doing everything they could to increase oil and gasoline production so as to saturate the market. The price of oil and gasoline would then drop through the floor. Remember when oil was $8 a barrel and gasoline was a mere $.95? Oil companies were merging left and right because they couldn’t stay in business on their own and the price of gas wasn’t on the American people’s radar. If punishing the oil companies is truly what Democrats like Maxine Waters really want to do, then they would glut the market. They would change the law so that the supply of oil and gasoline vastly outpaced demand and oil and gas prices dropped.

But they won’t do that because they don’t care about the American consumers. They don’t want the American people using more oil or gasoline. They want the American people to hurt at the pump so they don’t drive as much. Why? Because Democrats actually think the America people are the problem in all of this to begin with.

http://www.stoptheaclu.com

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