SmallGovTimes.com

Dems want control over U.S. oil flow
By: News Bites | Published on 06/18/08    

The itch to control the U.S. oil industry is spreading among Democrats in Washington, with Rep. Maurice Hinchey, D-N.Y., joining in the chorus to nationalize the energy company assets.

"We (the government) should own the refineries," Hinchey said today, according to a Fox News alert. "Then we can control how much gets out into the market.

WND earlier reported when U.S. Rep. Maxine Waters, D-Calif., during a grilling of oil executives by a panel of U.S. House members, threatened to nationalize the industry if executives were unsuccessful in bringing pump prices for gasoline down.

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