YSK: The Market Controls Gas Prices but the Market is Controlled by People, Part III
|I can parade out article, after article after article after article after article illustrating my point.|
The bottom line is this: The massive increase in the price of gasoline and crude oil we have seen and the recent rapid drop in the price of gasoline and crude oil are NOT the result of uncontrollable market forces. They are the DIRECT result of inaction by the Federal Government to regulate energy speculation. They have been derelict (yet again) in their responsibilities, either purposefully or due to incompetence. Either way, that earns them a ticket out of DC.
I've put forth a pretty long argument here. But the simpler thing to ask is this: When was the last time you can remember gasoline losing 1/6th of it's value in one month?
Conspiracy? That gives them too much credit. This is a result of corruption. Cowtowing to energy companies ala Enron.
Once again, this illustrates that the Republicans have forfeited their right to govern.