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Saturday, May 21, 2011

postheadericon Political attacks on 'Big Oil' hurt America


President Obama and some in Congress are falsely portraying “Big Oil” as the new Axis of Evil and a bottomless ATM that can provide billions of dollars to reduce the federal deficit and subsidize new forms of energy.

The ceaseless attacks that paint this inaccurate picture are an example of political demagoguery and public policy at its worst, substituting grandstanding and soundbites for sound analysis based on the laws of economics. 

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