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Dems want control over U.S. oil flow
By: News Bites | Submitted on: 06/18/08(SGT NEWS BITE) - 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.
Link to full article (opens in new window)
"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.
Link to full article (opens in new window)
News Bites are short one or two paragraph excerpts of external news articles with links to the original source.
