All tagged oil

So we are left with a vivid understanding: Multinational oil corporations cannot be properly held accountable, and, if left unchecked, they are capable of strongly influencing United States foreign policy and policies on energy and climate change in ways that are inconsistent with government’s ultimate goal of promoting the well-being of the American people.

But regardless of whether it is openly discussed or not, as long as the world’s economy runs on oil, as it seems will be the case for at least the next few decades, Middle Eastern conflicts will continue to have a disproportionate impact on the global economy.

Does $3.83 for a gallon of regular unleaded “threaten the U.S. economy” in the way Katrina or international wars did? Absolutely not. But due to inappropriate blaming or not, does the president know that it threatens his reelection chances? You bet.