China and India consume far-far less than our SUV's do, and also, they were growing before Bush-Cheney were nominated, but the oil prices didn't double then, did they? Nope. They didn't double until two oil biz cronies Bush and Cheney were in a position to take over the White House, albiet by cheating to win elections.
This was all a big fix. It's called a monopoly, pal, and when the Saudis join with the Texans it's almost a lock. They decide how much it costs, and can make it go up-up-up. They can also make it go down as Prince Bandar offered to do for GW during the election seasons as quoted in Bob Woodward's book. Pity GW didn't take him up on that, huh?
If GW really did something about gouging, conservation, price-fixing and windfall profits taxes, the gas prices would plummet 25% almost immediately. Or if and when democrats get back subpeona powers. Just watch it happen. After Jeffords switched parties the "huge energy shortages" on the west coast suddenly turned into a huge energy glut and prices tumbled. DOn't be naive. |
