More Calls for Nationalization
As I have been saying, expect more of this:
That’s pretty scary, but not unexpected. As oil prices continue to rise, governments will make desperate moves that will probably worsen the situation. Can you imagine the U.S. government running the refinery system?
Thanks to The Oil Drum for highlighting this, as well as the previous O’Reilly clip in Peak Oil Media: Hirsch, Simmons, House Dem(s?) on Nationalizing Refineries, Klare, O’Reilly, and Gas is F*-ing Expensive.