Wednesday, April 23, 2008

REPUBLICANS: KEEPING GAS PRICES HIGH

By way of Crooks & Liars, Democratic Rep. Peter Fazio really takes it to the Republicans and the White House. Here Fazio's pointing out how the Bush administration and Republicans are assisting the Saudis in keeping gas prices high in America through collusion (via the Organization of Petroleum Exporting Countries, OPEC).



Here's one of the pieces of legislation that Fazio is referring to in his speech on the House floor: H.R. 2264. In a few words, H.R. 2264 would amend the Sherman Anti-Trust Act and make it illegal to have market collusion in the oil industry.

- Mark

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