No Results On Oil

NYT – Classic doom loop:

Voting 389 to 34, the House approved steep new penalties for oil companies convicted of “price gouging,” a crowd-pleasing but largely symbolic measure. Republicans then tried but failed to rush through a bill long sought by the oil industry that would speed regulatory approval for new refineries.

Big bangs don’t cut it.

Sign up for my newsletter.

Leave a Reply

Your email address will not be published. Required fields are marked *