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What’s Really Driving The High Price Of Oil? By Ralph Nader

31 May 2008
Countercurrents.org 30 May, 2008 What factors are causing the zooming price of crude oil, gasoline and heating products? What is going to be done about it? Photo: J. Pénochet 2004 Don’t rely on the White House—with Bush and Cheney marinated in oil—or the Congress—which has hearings that grill oil executives who know that nothing is going to happen on Capitol Hill either. Last week the price of crude oil reached about $130 a barrel after spiking to $140 briefly. (...)


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