The Shell exec said paying $5 at the pump “will look like a very low price in the years to come if we are prohibited from finding new reserves, new opportunities to increase supplies.”
Waters responded, in part, “And guess what this liberal would be all about. This liberal will be about socializing … uh, um. …”
The congresswoman paused to collect her thoughts.
“Would be about, basically, taking over, and the government running all of your companies. …”
The oil executives responded, according to Fox News, by saying they’ve seen this before, in Hugo Chavez’s Venezuela.
http://www.wnd.com/2008/05/65111/
The former president of Shell Oil, John Hofmeister, says Americans could be paying $5 for a gallon of gasoline by 2012.
http://money.cnn.com/2010/12/27/markets/oil_commodities/index.htm
We have GOT to get rid of Obama, keep the house and take the senate.
We are in such deep doo-doo!
Maxine Waters chairman of the House Committee on Financial Services?! NO!