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March 11, 2008
Posted: 05:02 PM ET
FROM CNN’s Jack Cafferty: Vice President Dick Cheney is on his way to the Middle East to do something about skyrocketing oil prices. We’ll pause here to give you a chance to stop laughing. Cheney will meet with the leaders of Saudi Arabia, Oman and Turkey. The White House says it wants OPEC to increase production. This is the same Dick Cheney who was chairman and CEO of Halliburton before becoming vice president. The same Dick Cheney who headed up the administration’s highly secretive energy task force. The administration’s energy policy, such as it is, was crafted with the help of oil industry executives and lobbyists including former Enron Chairman Ken Lay. These meetings were held behind closed doors and the records from them remain secret to this day. Here is what has happened since Cheney’s secret energy meetings: When George Bush was sworn in as president in January, 2001, a gallon of gas cost $1.47 and a barrel of crude oil cost $30. Today gasoline costs an average of $3.22 and many experts are predicting it will hit $4 this spring. This morning, the price of a barrel of crude oil nearly hit $110. And, while ordinary Americans suffer with increasingly crippling energy costs, the oil companies continue to rake in record profits. Exxon Mobil earned more than $40 billion last year. Oh, and they all get tax breaks, too, courtesy of your friends at 1600 Pennsylvania Avenue. Here’s my question to you: Is Vice President Dick Cheney the right person to go to the Middle East to try to bring down skyrocketing oil prices? Interested to know which ones made it on air?
Sean writes: Anthony from Cadiz, Ohio writes: Lee Anne writes: Janet from Phoenix, Arizona writes: Daniel writes: Kent from Kewanee, Illinois writes: Angela writes: Alan writes: Filed under: Dick Cheney Oil Prices
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