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Oily and Gaseous Politicians

Here’s a letter to the Wall Street Journal:


Chuck Schumer and other Democrats are calling for criminal prosecution of oil-company executives who allegedly conspire to raise gasoline prices (“Hang the Oil and Gas CEOs,” June 1). As you report, however, no real evidence exists to support this allegation. But if prosecution of conspirators to raise fuel prices is indeed appropriate, prosecutors can start by filing charges against Sen. Schumer himself and many of his fellow Congressional Democrats who, the record shows, have willfully and blatantly conspired to raise the prices of gasoline and other fuels through the imposition of a carbon tax.

Donald J. Boudreaux
Professor of Economics
Martha and Nelson Getchell Chair for the Study of Free Market Capitalism at the Mercatus Center
George Mason University
Fairfax, VA 22030


It’s a topsy-turvy world. When I read the WSJ headline I truly thought the story was going to be about Schumer, et al., calling for energy-company CEOs to be prosecuted for contributing to excessive carbon emissions. Turns out that Schumer, et al., want to prosecute energy-company CEOs for allegedly conspiring to reduce carbon emissions.

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