The Daily Sandwich

"We have to learn the lesson that intellectual honesty is fundamental for everything we cherish." -Sir Karl Popper

Location: Boston, Massachusetts, United States


Wednesday, November 16, 2005

All for oil, and oil for a few-- it's the Free Marketeers!

Surprising? Nope. But it shows what a hard fight we progressives are going to have next year if we want some accountability in government and.... brace yourselves for this one. A free market that's actually free! Now, you might not expect to hear that from a pinko Marxist like myself, but I actually think that if oil cartels were competing with one another instead of colluding as a group with the White House, we might be seeing a more consumer-friendly energy market.

Oh, and I'm swiping the entire post from Salon, since they've got good links and all.

In what should be the least surprising news of the day, recently obtained documents show that back in 2001 top oil executives indeed met with Vice President Dick Cheney’s energy task force -- something environmental groups and just about anyone with a brain long suspected.

Just last week the chief executives from oil companies testified before a Senate panel on whether or not the industry had been gouging customers -- an understandable concern considering that the five major oil companies saw a record $30 billion profit in the third quarter this year. During those hearings, executives from companies including Exxon Mobil, Chevron and BP America all denied having met with Cheney’s task force.

They lied.

So what happens to people when they lie to United States senators? Well seeing as how the chairman of the hearings, the Republican Sen. Ted Stevens, chose not to swear in the executives, they conveniently won’t be subject to charges of perjury. But it turns out that they could get fined or face up to five years in jail for their false statements. Unfortunately, the people who can least afford all of this corporate malfeasance are the U.S. citizens currently enduring high gas prices. Is Dick Cheney going to chair a task force to address that problem?