Friday, May 13, 2011

Big Bad Oil?

Politico Arena Topic: Are Oil Companies the Bad Guys?

Do oil companies deserve a Capitol Hill grilling? Talk about low-hanging fruit. Americans are pumping fuel into their cars at over $4 a gallon at the same time that oil companies are scoring record profits. All this while the country’s slow recovery may succumb to inflation.

Yeah, I’m pretty sure there is not a lot of love out there for oil companies and their executives who are about as popular as Charlie Sheen at a NOW conference. They are a bogeyman for a reason—Americans don’t mind profits, even big profits, but are turned off by greed. Especially when that greed is encouraged through corporate welfare.

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