Big Bad Oil
Democrats want to cut tax subsidies but oil man Bush says the industry shouldn't be singled out for punishment.
Next up: The $11.7 billion bottled water industry.
UPDATE: In the meantime, Obama says he's going to hit big oil with a windfall profits tax penalty. In his most recent ads he refers to the gas shortages of the 1970s and says how nothing's changed. Except the price of gasoline is much higher. He better watch it. What caused the gas shortages were, in part, President Nixon's amazingly stupid price controls. Once they were lifted the price of oil stablized and then fell. That's the way markets work.
Dems seem to think voters are entitled to cheap gas and at the same time push environmental policies (No drilling, no nukes) that make that near impossible. What is driving the price of oil is economic expansion in the second world. China and the rest of Asia are slurping it up. Demand is higher than ever. Increase taxes and watch "Big Oil" move overseas.