Wednesday, May 21


The House has voted to sue OPEC over oil prices? And by a large enough margin, 324-84, to override a Bush veto.

From Reuters:

"The White House opposes the bill, saying that targeting OPEC investment in the United States as a source for damage awards "would likely spur retaliatory action against American interests in those countries and lead to a reduction in oil available to U.S. refiners."

"The administration said less oil going to refineries would limit available gasoline supplies and raise fuel prices."

I must question the intelligence of people who pull this type of legislation and risk alienating (and retaliation) for the sake of cheap political theater.


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