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Old 03-14-2006, 03:23 PM
Lebenz's Avatar
backwoods member
 
Join Date: Feb 2001
Location: In the fog
Posts: 2,862
The next common enemy...

Why can't congress just put together a 7 year plan for reducing fuel consumption by 25%?

But no. Instead.... Congress Challenges Oil Executives on Profits

The top executives of the big oil companies were once again called before Congress today to defend their industry's recent mergers and record profits.

It was the second time in four months that the oil industry faced strong public criticism from both Republican and Democratic politicians. In November, a third of the Senate was present for a theatrical show of indignation, but one that was followed by little legislation.

Increasingly, rising energy and fuel costs are becoming potent issues in Washington. In January, President Bush said in his State of the Union address that he wanted to cut America's "addiction" to oil and develop alternative fuels.

Senator Arlen Specter, the Pennsylvania Republican who is chairman of the Senate Judiciary Committee, called the hearings to examine whether the oil and gas industry's concentration had resulted in higher gasoline prices at the pump.

http://www.nytimes.com/2006/03/14/business/14cnd-oil.html?hp&ex=1142398800&en=3364b395f8ea13f8&ei=5094&partner=homepage
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