
Today oil neared the $130 a barrel mark.
In the US, we haven't built a refinery in 30 years and the ones that exist are running at 100% capacity.
Today it is impossible to drill for oil ANYWHERE in the continental US.
IN THE FACE OF ALL THIS, WHAT DO OUR BRILLIANT CONGRESSMEN DO?
WASHINGTON (Reuters) - The House of Representatives overwhelmingly approved legislation on Tuesday allowing the Justice Department to sue OPEC members for limiting oil supplies and working together to set crude prices. The bill would subject OPEC oil producers, including Saudi Arabia, Iran and Venezuela, to the same antitrust laws that U.S. companies must follow. The measure passed in a 324-84 vote. The legislation also creates a Justice Department task force to aggressively investigate gasoline price gouging and energy market manipulation. "This bill guarantees that oil prices will reflect supply and demand economic rules, instead of wildly speculative and perhaps illegal activities," said Democratic Rep. Steve Kagen of Wisconsin, who sponsored the legislation.
Shit! I'd be laughing too!




