Criticizing big oil companies and their big profits is very popular in Congress right now. Even some normally free-market Republicans have tried to out do the Democrats in anti-industry rhetoric, andbills have been introduced proposing ways to punish the major oilcompanies.
America is currently facing energy challenges reminiscent of the 1970s. Unfortunately, rising gas prices have policymakers repeating the mistakes from that decade mistakes that took a bad situation and made it worse.[1]