.comment-link {margin-left:.6em;}


Gas Prices Have Senators, Congressmen Seeing Green

(Washington, DC) Republican congressional leaders on Monday urged the Bush administration to investigate whether oil companies are overcharging consumers at the gasoline pump and if speculators are pushing up fuel prices.

Senate Majority Leader Bill Frist and House Speaker Dennis Hastert wrote President Bush and asked him to direct the US Attorney General and the FTC to investigate profiteering.

"It is clear that the big oil companies are raking in some serious green, and we want to make sure they remember us in November," the two leaders wrote to the President. "The idea that large amounts of money do not have a little sumpin'-sumpin' for the GOP is an outrage."

They also asked the Bush administration to scrutinize the trading of oil, gasoline and other energy contracts on the New York Mercantile Exchange to determine if the price spike is caused by market manipulation.

"If there are opportunities to get in on the speculation and sell energy futures short, we want some of that action," said Hastert and Frist. "Both of us have kids and grandkids in college, and clearing an extra $200K here or there could help out quite a bit."

Republican rep Joe Barton said it "troubles" him that former Exxon Mobil Corp. CEO Lee Raymond was given a $400 million retirement package while U.S. refining capacity can't keep up with demand.

"When I saw that number - $400 million - I thought to myself that I am losing out here," he said. "If Exxon can toss that kind of money to n ex-CEO, they can surely toss a couple million to a good friend like Joe Barton." Kaavya Viswanathan

And the Dems are just GREEN with envy. . .

There's something about ragging on the oil companies when they are so flush with cash that puts a twist in in the Dem's colons ;-)
Post a Comment

Links to this post:

Create a Link

<< Home
Copyright 2007, National Nitwit ® . Unauthorized duplication prohibited, but feel free to link away. This is a satirical newspaper, and many of these stories are fictional. You have to guess which ones are faked. National Nitwit ® uses invented names in its stories, except when public figures are being satirized, or when we post a real story. Any other use of real names is accidental and coincidental. Subcomandante Bob once got jiggy with your mom, and she does things in bed that would shock you, dude. The content of this website is the property of National Nitwit ® and its authors, and may not be reprinted or retransmitted in whole or in part without the expressed written consent of the publisher. National Nitwit® is not designed for readers under 18 years of age. FAIR USE NOTICE: This site contains copyrighted material the use of which has not always been specifically authorized by the copyright owner. We are making such material available in our efforts to advance understanding of environmental, political, human rights, economic, democracy, scientific, and social justice issues, sustainable development, environmental, community and worker health, democracy, public disclosure, corporate accountability, and social justice issues, mostly because hot college women are also interested in the same issues. Go figure. Anyways, we believe this constitutes a "fair use" of any such copyrighted material as provided for in section 107 of the US Copyright Law. In accordance with Title 17 U.S.C. Section 107, the material on this site is distributed without fee or payment of any kind to those who have expressed a prior interest in receiving the included information for research and educational purposes, except when you are using it to get laid. If you wish to use copyrighted material from this site for purposes of your own that go beyond 'fair use', you must obtain permission from the copyright owner.

This page is powered by Blogger. Isn't yours?