Define " Gas Gouging " & Blowing Smoke ?
In last nights press conference President Bush stated: " There will be no price gouging at gas pumps in America.",
the same day the world's largest publicly traded oil company, Exxon Mobil Corp., announced that its profit for the first three months of the year had risen 44 percent to $7.86 billion from the corresponding quarter a year ago.
Does " no more price gouging " begin today for the oil companies now that their bank accounts are
stuffed to the gills ?
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APRIL 28, 2005
COMMENTARY
By John Carey
Bush Is Blowing Smoke on Energy
Hitting all the points in a noted GOP pollster's playbook, the President's plan is driven by politics not policy. Worse, it won't cut oil dependency.
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