Thursday, June 19, 2008

Olbermann's Research into Gas Prices


Thanks to the guys over at Crooks and Liars, I ran across this gem. This is probably the most detailed and comprehensive take on the gas and oil prices that I've seen. It echoes much of what I've said already. However, Keith has been able to provide the gap in why things are much different now than a few years ago.

A powerful lobby, a few pieces of bad legislation and a cooperative administration makes for a "perfect storm" of anti-capitalistic practices and the highest energy prices the world has ever experienced.

Another good point articulated here is that alternative energies will not help us at all until we rid ourselves of the speculators that have selfishly and severely harmed our country's economy. They'll simply "speculate" with the other energies to artificially drive up the price.

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