Why dont the US govt declare oil a public utility and regulate astronomical gas prices destroying our economy?

hmmm... price controls... it would be more effective to dump the national oil reserves on the market... drive the price down to below two dollars... it wud be cheaper... and heck... then restore the stategic reserve at a lower price...Why dont the US govt declare oil a public utility and regulate astronomical gas prices destroying our economy?
Corruption


Answer: Inflation is the result of ridiculous Prices for consumer petroleum products sold in the United States and resulting exorbitant Profits of oil companies and their stockholders. The housing crisis is only one crisis created by the fleecing of American Consumers by the Bush administration, Oil companies and NO Bid Contracts for Haliburtan and Other Cheney and Administration thugs.


%26gt; There is a Crisis in the following areas of American Families budgets and shortfall in income to pay for essential goods and services: Food, Utilities, Clothing, Insurance of all types, Education of Family Members, Health Care and Prescription Drugs.


%26gt; The Bush Administration has chosen to publicize the Housing Industry because they intend to GIVE Mortgage Banks and Other Lenders Billions of Dollars to their Republican Cronies and Contributors.


%26gt; In my humble opinion George W. Bush, Cheney and all their friends who have benefited from the Bush Administration corruption have committed High Treason and should be impeached and Prosecuted to the full extent of the Law and Made to pay restitution to the American People through paying off the National Debt that has been incurred directly related to their War, Corruption and Fraud.





Psalm 17:12


Like as a lion that is greedy of his prey, and as it were a young lion lurking in secret places.


Psalm 17:11-13 (in Context) Psalm 17 (Whole Chapter)


Proverbs 1:19


So are the ways of every one that is greedy of gain; which taketh away the life of the owners thereof.


Proverbs 1:18-20 (in Context) Proverbs 1 (Whole Chapter)


Proverbs 15:27


He that is greedy of gain troubleth his own house; but he that hateth gifts shall live.


Proverbs 15:26-28 (in Context) Proverbs 15 (Whole Chapter)


Proverbs 21:26


He coveteth greedily all the day long: but the righteous giveth and spareth not.


Proverbs 21:25-27 (in Context) Proverbs 21 (Whole Chapter)


Isaiah 56:11


Yea, they are greedy dogs which can never have enough, and they are shepherds that cannot understand: they all look to their own way, every one for his gain, from his quarter.


Isaiah 56:10-12 (in Context) Isaiah 56 (Whole Chapter)


Ezekiel 22:12


In thee have they taken gifts to shed blood; thou hast taken usury and increase, and thou hast greedily gained of thy neighbours by extortion, and hast forgotten me, saith the Lord GOD.


Ezekiel 22:11-13 (in Context) Ezekiel 22 (Whole Chapter)


Ephesians 4:19


Who being past feeling have given themselves over unto lasciviousness, to work all uncleanness with greediness.


Ephesians 4:18-20 (in Context) Ephesians 4 (Whole Chapter)


1 Timothy 3:3


Not given to wine, no striker, not greedy of filthy lucre; but patient, not a brawler, not covetous;


1 Timothy 3:2-4 (in Context) 1 Timothy 3 (Whole Chapter)


1 Timothy 3:8


Likewise must the deacons be grave, not doubletongued, not given to much wine, not greedy of filthy lucre;


1 Timothy 3:7-9 (in Context) 1 Timothy 3 (Whole Chapter)


Jude 1:11


Woe unto them! for they have gone in the way of Cain, and ran greedily after the error of Balaam for reward, and perished in the gainsaying of Core.


Jude 1:10-12 (in Context) Jude 1 (Whole Chapter)





Source(s):


Accountant and Economist for 30+ Years.Why dont the US govt declare oil a public utility and regulate astronomical gas prices destroying our economy?
Because, the people selling us their oil would quit selling to us. Destroying our economy even further.





Oil is not ruining the economy. People's dependence on it is. There is no law saying you must gasoline.