17 Quotes by Jamie Court
- Author Jamie Court
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Senators have wanted to have it both ways.
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- Author Jamie Court
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Hurricane Katrina will only increase the probability of profiteering and should be a wakeup call to legislators.
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is a way special interests have found to get lawmakers to do what they want.
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The answer is not more carrots for the industry, like gutting environmental laws and immunizing companies for the harm they cause, but sticks, such as forcing companies to invest in beefing up refining capacity when it is needed,
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Without regulation of oil refiners, oil companies can use new tax breaks to create new product that they simply export to drive up prices in the U.S. once again, ... This industry needs a regulatory stick if it is to increase refining capacity and sell the product in the United States of America.
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Oil company profiteering, not increased production costs, are the cause of the price spikes at the gasoline pump. Hurricane Katrina will only increase the probability of profiteering.
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Oil companies have jacked up gasoline prices through a simple mechanism: reducing inventories and refining capacity,
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This is a staggering profit and proof that we are being gouged by the oil industry.
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They are supposed to compete and bring the lowest price to consumers. But the truth is that a small number of oil companies cheat by working together by artificially reducing supplies.
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