Congress does so many nefarious things in the course of a day that some get missed. Yesterday's bill which passed the House by a margin of 324 to 84 (big enough to override a presidential veto) would make it possible for the Justice department (why the Justice department?) to seek damages from OPEC countries for oil price manipulation including limiting the supply of oil.
This legislation, if it passes the Senate, would force OPEC countries including the Saudis, the Iranians and Venezuela to follow the same antitrust laws that the ?American? corporations must heed.
The bill also requires the Justice Dept to investigate the countries for possible market manipulation and gasoline price gouging.
There are at least three things wrong with this bone headed legislation
Retaliation -
The number of instances where I agree with Bush's White House are very very few and far between but we agree that this legislation is a bad idea. The White House issued a statement stating that targeting OPEC investment in the United States as a source for damage awards "would likely spur retaliatory action against American interests in those countries and lead to a reduction in oil available to U.S. refiners."
The White House stated the obvious in saying that retaliation would lead to less oil to refineries which would raise fuel prices. Duh!
Globalism ? For any country to seek recourse against any other country someone has to be in the middle or above? So, for one country to sue another is a step towards globalism because it puts the United Nations or some other global organization as a moderator in the affairs between nations. This is obvious. The last thing we need to be doing now is adding more power to some entity that has more power than our own government.
Wrong Target ? These criminals in Congress have no shame and they must really believe that noone is watching. They think that they can fool all of the people all of the time? Uh uh! They try to sue OPEC for manipulation and all but what about our ?American? automotive and oil corporations (which have Congress in their pockets)? For the last 13 years or so automotive manufacturers have been equipping all new cars with a computer sensor. What's it there for? It floods the engine with gasoline when the vehicle starts to achieve higher MPG than the oil companies want us to have! Yes, it's true. So if they didn't have that sensor our vehicles would be wasting less gasoline. Ask any mechanic that knows their business and they will confirm that.
The real solution resides in grassroots movements and new technologies. Don't expect these new technologies to come from corporations.
One such technology is Water4Gas.
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With WATER4GAS you can minimumly expect to reduce your gasoline usage by 30-50% or even more. Those goblets "musta" been pretty "blankin'" big in some systems before. But with W4G they are made consumable so you can reduce your gasoline usage.
It also helps make emissions significantly cleaner.
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