Big Brass Ones
May 22nd, 2006 at 10:55 am by Susie
Talking about biting the hand that’s fed them so well for so long:
The US oil industry charged the government with behaving like a third world despot after the House of Representatives voted to punish companies if they refused to change contracts to give the government a bigger share of rising oil profits.
“We live in a nation of laws,” said John Felmy, chief economist at the American Petroleum Institute, which represents US oil producers. “This is not Caracas or Moscow.”
Huh. Coulda fooled me!
Well, that would be true. Here, we have a dictatorship.
“This is not Caracas or Moscow.â€
Quite true, they haven’t been nationalized yet.