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Congress's Unsound Fury Over Big Oil

The Christian Science Monitor by Justin Danhof

Every time gas prices increase, liberal lawmakers direct the Federal Trade Commission to investigate oil industry price gouging. To their chagrin, the FTC has never found oil industry price manipulation.

What evidence does congress use to back their price gouging claims? Try none.

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Congress will soon consider massive new taxes — roughly $80 billion — on America's oil and natural gas industry, yet this level could produce devastating effects on our economy, all when America can least afford it.

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