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By Arianna Huffington
The president may turn to God when
it comes to shaping his foreign policy, but his energy
policy is strictly courtesy of the Men Upstairs at Big Oil.
Which is why it is beyond comical to watch Moe, Curly,
and Larry -- sorry, I mean Bush, Hastert, and Frist -- getting
all blue in the face about skyrocketing gas prices, and calling
on the Energy and Justice departments to look into possible
market manipulation by oil companies.
It's the least believable call for an investigation since
O.J. set out to find the real killers.
For those of you experiencing a sudden wave of déjà vu,
yes, the GOP demand for a federal probe of potential oil
industry price-gouging was a carbon copy of the demands Chuck
Schumer made last week. Hey, maybe they just unconsciously "internalized" Schumer's
words.
If it wasn't so despicable it would be laughable.
There was Frist on Good Morning America today, putting
aside his video diagnostic skills to become one of the "Car
Talk" guys. Among Frist's helpful money saving tips
for drivers forced to consider taking out a second mortgage
in order to fill up their tanks: get a tuneup, drive slower,
and carpool. Thanks, Dr. Goodwrench!
But Frist was just the gassy second banana. The clear headliner
was Bush, who had them rolling in the aisles at a meeting
of the Renewable Fuels Association, with zingers like his
claim that "large cash flows" mean that "these
energy companies don't need unnecessary tax breaks." A
sentiment that didn't stop the president from signing a GOP
energy bill stuffed with some $14.5 billion in tax breaks,
tax subsidies, and tax deductions for his cash-rich energy
industry chums. I guess those tax breaks were "necessary."
Bush also scored big with his impression of a guy who cares
about conservation, highlighting the need to "promote
greater fuel efficiency": "And the easiest way
to promote fuel efficiency," said the president, "is
to encourage drivers to purchase highly efficient hybrid
or clean diesel vehicles." As the proud owner of a pair
of hybrids, I say "hear, hear." As a sentient human
being I say, "Isn't this the same guy whose administration
hasn't increased fuel efficiency standards for passengers
cars even a single m.p.g. in six years?" Maybe now that
former GM-lobbyist (and fuel efficiency opponent) Andy Card
has left the White House, Bush has finally allowed his inner-Prius
owner to run free. Or maybe the lure of touting vehicles
that can run on alternative energy sources to an alternative
energy trade association was just too hard to resist.
How gullible do they think we are? Memo to the White House:
It's not working. Bush's approval rating just dropped to
32 percent -- a number at which both water and political
clout freeze.
All this huffing and puffing about manipulated markets
and record gas prices scream of a blatant attempt to inoculate
Republicans from consumer rage over the massive earnings
oil companies are scheduled to announce this week. Industry
analysts predict that ExxonMobil will report first-quarter
earnings of only $9.1 billion on Thursday -- down from the
record $10.7 billion posted in the fourth quarter of 2005.
With profits like that, Lee Raymond's $400 million retirement
package is starting to look a little stingy. Except to those
paying through the nose at the pump.
The most honest comment on the gas price crisis came from
Scott McClellan (freedom's just another word for nothing
left to lose, eh, Scottie?), who said: "This is not
something we got into overnight." Exactly. These levels
of oil company profits took years of careful lobbying and
planning to orchestrate.
Our oil-man president may want us to think that he's shocked,
shocked by the "large cash flows" of the oil companies,
and the sticker shock drivers are experiencing at the pump,
but even before Team Bush was dreaming of toppling Saddam,
it was laying the groundwork for the gargantuan windfall
the oil industry is seeing -- starting with Dick Cheney's
secret Energy Task Force.
It's not a coincidence that the oil and gas industries
donated over $25 million to congressional campaigns in 2004
(with 80 percent of that money going into Republican coffers),
and another $7.2 million so far in the 2006 cycle (with 84
percent going to the GOP). They also doled out over $4.5
million to Bush's 2000 and 2004 presidential runs.
And what did they get for their largess? According to Public
Citizen, the top five oil companies have pocketed over a
quarter of trillion (that's with a "T") in profits
since Bush took office. Talk about a return on investment.
That's a gusher!
So for American consumers, payback is a bitch. And three
bucks a gallon at the gas pump. The Bush administration has
turned the White House into a full service filling station
for Big Oil. And we're the ones being forced to pick up the
tab.
So don't let the empty rhetoric and the phony outrage pouring
out of the White House and the Republican Congress fool you:
America isn't facing a shortage of fuel; it's facing a shortage
of leadership.
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