Wednesday, May 21, 2008

AMERICA'S GRAND PLAN TO SOLVE THE OIL CRISIS: SUE OPEC

I wish I was joking. But I'm not.

The House of Representatives overwhelmingly approved legislation on Tuesday allowing the Justice Department to sue OPEC members for limiting oil supplies and working together to set crude prices, but the White House threatened to veto the measure.

The bill would subject OPEC oil producers, including Saudi Arabia, Iran and Venezuela, to the same antitrust laws that U.S. companies must follow.

The legislation also creates a Justice Department task force to aggressively investigate gasoline price gouging and energy market manipulation.
If you're dumb enough to think this legislation will fix anything, please do not come to this blog anymore.

Meanwhile, while the retards running this country draft lawsuits...
While Washington dithers over exploiting oil and gas reserves off the coast of Florida, China has seized the opportunity to gobble up these deposits, which run throughout Latin America, the Caribbean and along the U.S. Gulf coast.

The Chinese have forged a deal with Cuban leader Fidel Castro to explore and tap into massive oil reserves almost within sight of Key West, Florida. At the same time, Venezuelan President Hugo Chavez, who controls the largest oil reserves in the Western Hemisphere, is making deals to sell his country’s oil to China, oil that is currently coming to the United States.

There are new reports out circulating that Chinese firms are planning to slant drill off the Cuban coast near the Florida Straits, tapping into U.S. oil reserves that are estimated at 4.6 billion to 9.3 billion barrels.
I should point out that the above snippet was from two years ago. China is two years into the process of slant drilling America's oil reserves. I reckon we'll sue them too.

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