[Slapshot68]

“But Shell Oil Co. Chairman John Hofmeister said the prices can be explained, saying, “The fundamental laws of supply and demand are at work.”

Which is when the Democrats began to drool because they lack the understanding of how supply and demand works.

[EagleUSA]

“The fundamental laws of supply and demand are at work.”
:::::::
That is right. The oil companies work hard to keep pols happy with the current state of our “energy policy” which is to NOT BUILD NEW REFINERIES, NOT DRILL AND PUMP MORE OF OUR OWN CRUDE, AND KEEP SUPPLY SHORT so that the word “COMPETITION” can never enter into the retail sales picture of the energy and fuels.

That is their “law of supply and demand”.

[Red_Devil 232]

So I guess every American in this country just decided to get up during the night and go fill up their vehicles and drive around until they need to fill up again? That is why oil jumped a record $9 over night? That is “supply and demand”.

[Resolute Conservative]

Just once I want an oil exec to ask a senator about the profit the government makes on each gallon with absolutely NO RISK and to justify to the American public the expenditures of that profit. Just once. I’d buy that company’s product over all others when possible.

[Tzimisce]

When is the government going to be forced to defend their record tax intakes?

[saganite]

“We need to get prices under control.... We can only conclude that the oil markets have failed,” said Sen. Herbert Kohl, D-Wis.

Interpretation: Price controls will fix it. It worked so well last time! /s/

[PeterFinn]

We can expect the government to do NOTHING about high oil prices because governments at several levels are reaping record gas and sales tax revenues from the higher priced gasoline.

This is all just election year posturing. Nothing more.

[Paladin2]

Congress needs to be told by all that they need to get out of the way of drilling, drilling and more drilling.

[TexasCajun]

Shouldn't the liberal democrats be praising the oil executives for keeping gas prices high and curtailing automobile usage and pollution?

I mean that is their goal.

[RightWhale]

Committee Chairman Patrick Leahy, D-Vt., said

The Zombie Senators are refreshingly unoriginal and repeat themselves in every thread.

[Paladin2]

Congress needs to vote themselves a windfall cut of the crude revenue being sent to Saudi Arabia.

Oh wait, the lobbists are already performing this valuable service.

[CSM]

“Committee Chairman Patrick Leahy, D-Vt., said there’s an unexplained “disconnect” between prices — at nearly $130 a barrel — and legitimate supply and demand.”

Nothing beats a looter’s indignation. Hey DUmmies, you profit more from gas than the oil companies. What value do you add?

[gitmogrunt]

Call me, when they line up the Oil Execs, along with every congress critter, and every enviromental nut case, and the machine guns start singing.....screw ‘em ALL, cause they’re screwing us.

[toddlintown]

Herb Kohl sounded like an old senile fool.

Schumer sounded like an *sswh*l*.

[gidget7]

WHY does our own govt want the Saudi’s to pump/drill more?? WE should be!!

[meandog]