Wednesday, October 08, 2008
Why is oil price so high and how Phil Gramm made it that way.
Tired of listening that the market was controlling the oil market? Well come to find out the Phil Gramm earmark caused the problem, The "Enron Loophole" A need to remove the Enron loophole is needed and over sight is needed like it used to be. "Caution: listening to this will make you mad." More drilling will now solve the problem because oil companies are international but they sell the oil not here that's drilled here but overseas so there's no security into more drilling offshore or in Alaska.
Fresh Air podcast on why oil and gas prices went so high so fast.
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