7 Wishes wrote:Bush deregulated everything so severely that strictures formerly in place to PREVENT speculators from artificially driving up gas prices (i.e. under President William Satan Clinton) are no longer in place. Hence, higher gas prices; hence, the Bush Administration is 100% COMPLETELY RESPONSIBLE.
Proof please? I grew up in the oil industry so I know it inside and out. I have friends from the refinery to board room. I also have friends who are working on Wall Street (not in energy but they know how the game is played) and they are amazed that it has lasted this long.
Congress did not deregulate anything. In fact after the Enron debacle Congress tightened up a TON of rules to prevent speculating and the general accounting tricks used to hide it.