Saturday, May 26, 2007

Lets Sue OPEC

Who thinks its a good idea to sue OPEC, the group of countries that controls oil supplies? Apparently the House does, which reminds me why Congress should not be making foreign policy decisions.
"But the White House said such suits could spawn retaliatory measures by oil-producing countries and "lead to oil supply disruptions and an escalation in the price of gasoline, natural gas, home heating oil." The administration urged "diplomatic efforts ... rather than lawsuits in U.S. courts" to address global oil production. "
So thank your local congressman/women for the higher gas prices to come.

1 comment:

danylo said...

We'll see how far this will go. Congress may be trying to look tough on oil as the prices are high enough already.