Senators are blowing smoke on gas

Unless they can repeal the law of supply and demand, they can’t do a thing about prices.

I DON’T MIND all the whining about gas prices. That’s what you’re supposed to do at the end of an empire.

“These lions aren’t crunching Christian bones loudly enough!” “This orgy is full of fat Spartans!” “My Escalade costs too much to drive to go hiking!”

But for the Senate to waste its time on this is another matter. Don’t our elected officials have fake Alaska bridges to build?
The Senate, in a pathetic attempt to get attention, recently spent hours grilling oil executives about why their companies’ profits are so high and what they were going to do with the money. I think the lawmakers were hoping for “Free Gas for Senators Day.”

It’s not that I trust oil companies. These are people who are still trying to outsmart us with that 0.9 of a penny trick. But the idea that greedy oil execs are just taking our gas money and spending it on hunting trips with Dick Cheney isn’t true. The profits are going to the masses of people who own mutual funds that hold oil stocks, only a small portion of whom are rich enough to go on hunting trips with Dick Cheney.

LA Times