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Whom Should We Thank for High Gas Prices?
- Article from:
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Freeman
- Article date:
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July 1, 2008
- Author:
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Copyright informationCopyright Foundation for Economic Education, Incorporated Jul/Aug 2008. Provided by ProQuest LLC. (Hide copyright information)
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I am writing this after having just filled my tank with gasoline at $3.99 per gallon. oil is over $125 a barrel. Big oil and their CEOs are the hands-down favorite to win the Snidely Whiplash People's Choice Award. Since Big oil is our favorite villain, no one really wants to hear about the other deserving nominees in this category: Big Government and Big Green.
When Big Government calls for investigations to look into the "obscene profits" of Big Oil, this is always a crowd-pleaser. However, we rarely hear about the results of these investigations because they almost always implicate Big Government as the primary reason for the high prices and price spikes.
Another Big Government strategy ...
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