The Voice of the White House for June 20th 2008
Sweet crude light is now $45 a barrel in Saudi Arabia although the industry claims this is not so. It is and their profits are not only obscene and criminal but they are doing terrible damage to the American economy and driving more and more people here into bankruptcy. The only solution is to nationalize the oil industry, all of it, and then prosecute the thieves who have, entirely on their own, pushed gas to what is going to be $5 a gallon, just in time for the summer vacation driving times. This is not an accident. It will also not be an accident when the price of gas drops a dollar or so after the season is over but guess what? The price of heating oil will shoot up just in time for winter! Nationalize the oil and prosecute the corporate heads and see how fast the gas prices drop.”