May 31 2007

Stuck In A Loop

Not satisfied with the 1,000,000 investigations already conducted on the matter, John Edwards thinks that millionth and one investigation may finally find le grande gas price conspiracy liberal legislators dream of in order to justify yet another power grab.

Democratic presidential hopeful John Edwards says a wave of mergers in the oil industry should be investigated by the Justice Department to see what impact they have had on soaring gasoline prices.

. . .”Vertically integrated companies like Exxon Mobil own every step of the production process _ from extraction to refining to sale at the pump, enabling them to foreclose competition,” says an outline of Edward’s energy plan.

Some of Edwards’ brilliant plan to raise gas prices further:

. . .Expansion of the use of biofuels such as ethanol, including a requirement for oil companies to make available E-85 fuel (which has 85 percent ethanol) at a quarter of their stations. Edwards wants all new cars to be able to use E-85 by 2010.

Mandatory restrictions on emissions of carbon dioxide with an aim to cut CO2 and other greenhouse gases by 80 percent by mid-century.

Ah yes, ethanol, the left’s favorite silver bullet (non)solution to our energy problems.

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