We need another government agency

jtsanders
Mon, 04 Apr 2011 21:25:56 +0000
Maintenance/Repairs

Well, that’s what a former CEO of Shell Oil said today in an interview. He thinks we need an independent federal agency modeled after the Federal Reserve. He contends that we have no coherent energy policy, even though 8 presidents and 19 congresses have claimed to work on it. Whoever shows up with the most money has their way. What do you think?

I think he makes an excellent point. When asked about the free market, he wondered what free market the interviewer was talking about. There certainly is not one in energy, and never will be one again. The last time there was a free market in oil, JD Rockafeller destroyed it by dstroying the comepetition and buying them up. That’s how Standard Oil was formed 100 years ago. I think he makes a good point. And a Big Oil CEO, no less.

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