Will Congress Bail out Oil and Gas?

Our elected officials have a way of taking advantage of Americans’ poor memories. As Robert Higgs points out, it seems like only yesterday that executives from the oil and gas industry were hauled before Congress and berated for supposedly “gouging” consumers. Fortunately for American motorists (and other energy users), prices continue to drop and, not surprisingly, Congress hasn’t thanked the industry.
Perhaps Exxon and BP will get a bailout too if prices continue their recent declines?

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