An Exercise in Futility

So, the House of Representatives has passed an “Anti-Opec” bill, the Washington Post reported yesterday.

Evidently the bills main sponsor, Representative John Conyers, Jr. (D-MI), has been lacking adequate press coverage, and justification for his presence in Washington D.C., and the hot topic of the times is of course gas prices, which has nothing to do with simply supply and demand in the marketplace, at least according to John Conyers.

"We don’t have to stand by and watch OPEC dictate the price of gas,” Judiciary Committee Chairman John Conyers, D-Mich., the bill’s chief sponsor, declared, reflecting the frustration lawmakers have felt over their inability to address people’s worries about high summer fuel costs.

The bill supposedly allows the U.S. government to sue OPEC over how much oil they do, or don’t, pump out of the ground.  A similar bill is in the Senate for the same exercise in futility.

Let’s consider how this lawsuit will work a moment.  The U.S. government will spend millions of dollars on attorney fees, so the OPEC countries will have to do the same, all the while the OPEC countries will continue to pump as much, or as little, oil out of the ground as they well please, which is how it should be, and Congress and John Conyers will get alot of press coverage over the lawsuit, which will be fed to us poor “citizens” who are at the mercy of OPEC’s caprice in regards to oil.

Meanwhile, back in the real world, as OPEC cuts oil production because of the U.S. government’s interference in their private business, gasoline prices will rise, due to supply not keeping up with demand.  But it’ll make good press.

Yeah, that’ll learn those darn OPEC countries.

Posted by on 05/23 at 07:25 AM

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