Cynthia's Interests

The world as it unfolds - told from an African American woman's perspective...

Tuesday, September 06, 2005

Katrina tragedy is an absolutely perfect storm for oil companies

The rich is still getting richer...

Pumping Us Dry

The very first thing George W. Bush did in response to Hurricane Katrina was to offer a helping hand—not to the people stranded on rooftops in New Orleans, but to his friends in the oil industry. These were the same people who gave him $52 million in his last campaign.

Pouring more oil into the marketplace didn't reduce gasoline prices, which kept on going up, hitting $4 a gallon in some places.

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