< What? You mean there is discovery in a civil lawsuit? | Main | Houston Pavilions taking shape >
January 24, 2006
Could you pass this along to O'Reilly?
Always a source of common sense, the W$J's George Melloan passes along this timely column today in which he patiently explains that demagogic calls for more control of energy markets is precisely the opposite approach that legislators need to be taking in response to rising energy prices. In so doing, he passes along this pearl of simple wisdom, which the confused Bill O'Reilly could really use:
But it's also deplorably true that when constituents complain about soaring prices of natural gas and gasoline, [politicians seeking more regulation] have a ready scapegoat, "the giant oil companies." Anyone still buying that line should ask himself why the "giant oil companies," with all their market power, somehow couldn't prevent crude oil from collapsing to $10 a barrel a few years ago.
Posted by Tom at January 24, 2006 07:16 AM
Trackback Pings
TrackBack URL for this entry:
http://mtcgi.kir.com/mt-trackbk.cgi/2811
Comments
Post a comment
Thanks for signing in, . Now you can comment. (sign out)
(If you haven't left a comment here before, you may need to be approved by the site owner before your comment will appear. Until then, it won't appear on the entry. Thanks for waiting.)