Think oil companies are to blame for rising gas prices? Think again. It's the tree huggers.
From the article:
One thing is certain: Oil companies are not the culprits. In California, where gas prices are among the nation's highest, the oil industry has been
repeatedly investigated yet no evidence of "price manipulation" has ever been found.
Though other factors cause high gas prices, such as high taxes and increasing world demand, environmental regulation is among the primary reasons. For
example, environmental regulation has significantly restricted drilling for oil in Alaska and on the continental shelf. More drilling will increase
the supply and thus lower prices...
From drilling to refining to distribution, environmentalists have done everything they can to raise gas prices.
Environmentalists are not actually concerned with the well-being of man. Their real motive is to sacrifice man to nature by stopping industrial
activity. For instance, Adam Kolton of the Alaska Wilderness League states, "Drilling the wildest place in America is objectionable no matter how
it's packaged." David M. Graber, a research biologist with the National Park Service, states, "We are not interested in the utility of a particular
species, or free-flowing river, or ecosystem, to mankind. They have ... more value -- to me -- than another human body, or a billion of them."
Oil companies deserve praise for producing an abundance of gasoline despite the massive burden of environmental regulations foisted upon them. To
increase the gasoline supply, we need to start by eliminating needless environmental regulations, including drilling bans and prohibiting certain
octane boosters. If the government makes the choice to protect people's freedom, gasoline prices below a dollar-per-gallon won't be just a relic of
End of Article.
So it looks like the enviro-whackos are causing record profits for Exxon, record pay for CEO's....... and record gas prices.